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Muthoot Microfin CEO Sadaf Sayeed on RBI Policy
This story was originally published at 11:51 IST on 6 August 2025
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MUMBAI – Sadaf Sayeed, chief executive officer, Muthoot Microfin Ltd., said the following on the Reserve Bank of India's third bi-monthly monetary policy for 2025-26 (Apr-Mar) detailed on Wednesday:
"Holding the rates was on expected lines, especially since the RBI had front-loaded a 50-bps rate cut in the last monetary policy. The focus now shifts to the transmission of these rate cuts. So far, out of the 100 bps cut since the new governor took charge, only 55 bps has been passed on. The remaining transmission is critical to ensure that the benefits reach consumers. Effective transmission will support credit growth, which in turn will boost consumption and contribute to overall GDP growth." End
Compiled by Rizwan Ali
Filed by Akul Nishant Akhoury
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