Anu Aggarwal, President & Head Corporate Banking, Kotak Mahindra Bank said, “As the RBI maintains its stance of no change on interest rates for the sixth consecutive policy review, we acknowledge the stability it brings to the financial landscape. The sustained pause in the repo rate is poised to benefit India’s economic trajectory positively. Moreover, the remarkable growth in capital expenditure witnessed in FY24, coupled with robust capex push by the government underscores a pivotal moment for economic resurgence. The capex push also aligns with the broader endeavour to propel India towards achieving its $5 trillion economy milestone.”

Anu Aggarwal, President & Head Corporate Banking, Kotak Mahindra Bank