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Switch My Loan Founder Chintan Panchmatya on RBI Policy
This story was originally published at 11:23 IST on 6 August 2025
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MUMBAI - Chintan Panchmatya, founder, Switch My Loan, said the following on the Reserve Bank of India's third bi-monthly monetary policy for 2025-26 (Apr-Mar) detailed on Wednesday:
With the RBI expected to hold the repo rate steady at 5.50% and maintain its 'neutral' stance, credit demand will likely sustain momentum into the festival season. After a cumulative 100 bps (basis points) easing earlier in FY26, this 'dovish pause' lets households and businesses absorb rate cuts made so far. We expect segments like consumer durable(s), car(s), personal, and home loans to remain resilient amid stable borrowing costs. End
Compiled by Janwee Prajapati
Filed by Nishant Maher
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