RBI Monetary Policy Reaction Quote – Shekhar Bhandari, President-SME, Kotak Mahindra Bank

Gujarat, Ahmedabad 6th June 2025: “RBI’s 50-bps repo cut and 100-bps CRR reduction have provided a vital liquidity boost to the Indian SME sector. These measures would lower borrowing costs and free up more funds in the banking system, enabling better credit access for small and medium enterprises. In the present economic climate, such steps are essential for supporting working capital needs, and encouraging growth and job creation. For SMEs, which form the backbone of India’s economy, these monetary policy actions can catalyze recovery, foster resilience, and stimulate investment, innovation, and competitiveness across the sector.”