Bankers Welcome RBI Regulatory Measures, Rate Status Quo on Expected Lines

• Bankers widely anticipated RBI's policy rate status quo, welcoming regulatory and developmental policies.
• Proposed reforms include enhanced customer protection, digital payment safeguards, and revamped Kisan Credit Card framework.
• Emphasis on proactive liquidity management will sustain credit flows and bolster MSMEs, financial inclusion, and loan recovery.
• Initiatives to improve customer centricity and grievance redressal will enhance trust and service quality.
• Some, like CapitalXB, expressed disappointment over the steady repo rate, citing high borrowing costs for MSMEs.