RBI’s Timely 50 bps Rate Cut Aims to Boost Inclusive Growth and Lending Access

RBI’s Timely 50 bps Rate Cut Aims to Boost Inclusive Growth and Lending Access

By-Tushar Aggarwal, Founder & CEO, Stashfin

“The latest 50 basis point rate cut by the RBI comes at a pivotal moment for the Indian economy. Although inflation is easing gradually, global uncertainties remain. Therefore, the RBI’s intent to balance growth alongside stability is crystal clear. As India consolidates its position as the world’s fourth-largest economy and keeps growing rapidly, the rate reduction will help in lowering borrowing costs and expanding credit access, particularly in underserved regions and segments. For fintechs and other digital lenders, it’s an excellent opportunity to offer more accessible, fair and transparent loans. These conducive measures will facilitate the establishment of a lending ecosystem that supports long-term financial health while helping the economy grow inclusively and sustainably.”