RBI’s 50 bps Rate Cut to Ease Credit Access for MSMEs, Boost Digital Lending
By – Mr Ashok Mittal, MD & CEO, BillMart Fintech
The RBI’s 50 bps repo rate cut is a welcome move. It brings the rate down to 5.50%, which should improve liquidity and reduce borrowing costs — especially for MSMEs and SMEs who’ve been struggling with rising input costs and tight cash flow.
Lower interest rates mean NBFCs and lending platforms like ours can pass on better rates to businesses. For example, a 0.5% reduction in cost of funds could lead to noticeable savings for small enterprises borrowing ₹50 lakh or more.
At BillMart, we expect this to translate into faster credit approvals, more flexible terms, and improved access for businesses across the supply chain. It’s a positive signal for the digital lending ecosystem, and it will support India’s growth story from the ground up.