Quote on Repo Rate Reduce 6z3kg

CA Saurabh Agrawal Founder at Saurabh Agrawal & Co. Chartered ants.

This is a win- win situation for all i.e. for Home Buyers and for MSME and for industry as a whole. lower interest costs provide an incentive to companies to invest which in turn helps to foster growth. It also brings down the interest cost for companies which helps in stabilizing profits. This will vary across industries as the interest-to-turnover ratio averages around 2-3% for non-financial companies and could stretch to around 10% for capital intensive industries.