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“The RBI’s decision to raise the repo rate by 25 bps to 5.50% reflects its resolve to keep inflation under control and prices stable, especially food and energy costs that weigh most on low-income households. Price stability protects the everyday earnings of majority of the Indians. As the growth fundamentals remain strong supported by healthy domestic demand, controlling inflation now lays the ground for more durable and inclusive growth over the medium term. At the microfinance level, our focus will be on shielding customers from sudden burdens through flexible repayments and responsible lending, so that livelihoods stay resilient and India’s growth remains inclusive.”
