Mumbai, February 6, 2025 – HSBC has emphasized the need for a more accommodative stance for non-banking financial companies (NBFCs) and banks in the upcoming Reserve Bank of India (RBI) monetary policy. The financial institution highlighted that easing liquidity constraints and providing supportive measures would help strengthen credit growth and ensure financial stability in the current economic environment.
HSBC further noted that with global uncertainties and domestic demand fluctuations, a balanced approach to monetary policy is essential. Lowering borrowing costs and enhancing liquidity support for banks and NBFCs could boost lending activity, thereby supporting economic expansion. The upcoming RBI policy decision will be closely watched for any signals of easing measures to facilitate credit availability.