RBI rate cut benefits NBFCs, SMID banks, and autos
after close1 source ↓written by the desknot a recommendation
- India announced
- 25 bps repo rate cut
- ₹1.45 lakh crore liquidity infusion
The Reserve Bank of India announced a 25 bps repo rate cut and a ₹1.45 lakh crore liquidity infusion, benefiting NBFCs, SMID banks, and automobile companies. Analysts expect improved funding costs for NBFCs and SMID banks, enhancing market sentiment. This policy aims to ease liquidity constraints and support short-term equity performance.
Not investment advice. For informational purposes only.