“The RBI’s decision to raise the repo rate by 25 basis points to 5.50% reflects a calibrated approach to managing inflationary pressures while sustaining the momentum of economic growth. The upward revision of the GDP growth outlook to 7.1% is encouraging and reflects the resilience of the Indian economy.
For the banking sector, the current environment calls for a balanced approach to growth, liquidity and asset quality. As a small finance bank, our priority at ESAF remains to support responsible credit growth and deepen financial inclusion, particularly among underserved communities and emerging enterprises. We believe the strength of domestic demand and improving economic fundamentals will continue to provide a supportive environment for sustainable and inclusive growth.”