By Dr. Amit Goenka, Founder, Chairman and Managing Director of Nisus Finance.
“The RBI’s stance in monetary policy is a reflection of its commitment to maintaining macro stability whilst being nimble on liquidity. Further, the Governor’s mention of pre-emptive liquidity is reassuring to sectors of long gestation, such as infrastructure development, where the predictive aspects of funding conditions are as critical as the cost of capital. A calibrated liquidity management strategy is necessary for ensuring the free flow of credit, thereby promoting the development of infrastructure, capital flows to infrastructure, and balance sheet strength across the ecosystem. For alternative and structured credit market platforms such as Nisus Finance, this provides a more enabling platform to deploy capital responsibly towards infrastructure development opportunities that are vital to India’s future growth trajectory.”