Views of Mr. George Alexander Muthoot, MD, Muthoot Finance on RBI Monetary Policy

"The regulator sounded cautiously optimistic in the current policy review, which indicate that the inflation expectations are within their acceptable levels and the focus may now move towards driving growth. India Inc has been patient equally with the regulator, but a relief on the cost of funds is awaited eagerly, which should help them to improve financial health and plan for the next leg of growth. So in summation the interest rate scenario should change for good in 2015."

Shares of MUTHOOT FINANCE LTD. was last trading in BSE at Rs.192.55 as compared to the previous close of Rs. 194.9. The total number of shares traded during the day was 23475 in over 1608 trades.

The stock hit an intraday high of Rs. 194.9 and intraday low of 190.8. The net turnover during the day was Rs. 4526492.

Source : Equity Bulls

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