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Informist, Wednesday, Aug. 5, 2026

 

MUMBAI - Baskar Babu Ramachandran, managing director and chief executive officer of Suryoday Small Finance Bank Ltd., said the following on the Reserve Bank of India's third bi-monthly monetary policy statement for the financial year 2026-27 (Apr-Mar) detailed Wednesday:

 

The RBI's decision to keep the repo rate unchanged at 5.25% reflects a balanced and prudent approach in the current environment, where domestic growth remains resilient. At the same time, global uncertainties continue to warrant caution. For small finance banks, policy stability is particularly important, as it creates a conducive environment to deepen credit penetration across the retail, microfinance, and micro, small, and medium enterprises segments while maintaining a disciplined approach to risk and profitability. It also helps manage funding costs more effectively in an increasingly competitive deposit landscape. The policy stance provides greater clarity on the interest rate outlook, which is positive for the banking industry as it supports effective planning of lending, deposit mobilisation, and overall balance sheet management. We believe a stable macroeconomic and rate environment will support responsible growth, strengthen financial inclusion efforts and enable us to continue serving underserved customers and emerging entrepreneurs with greater confidence.  End

 

Compiled by Meera Nair

Filed by Shubhayan Bhattacharya

 

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