CFOs see pick up in investment cycle after RBI’s surprise interest rate cut

The Chief Financial Officers (CFOs) said the decision is set to push consumption across sectors, which in turn boosts demand that gives confidence to faster decision making in deploying funds for capital expenditure. CFOs also stated that the rate cut move isn’t just good for private sector players — it benefits consumers, industry, and the broader economy. It’s a welcome decision and shows RBI’s intent to stimulate growth, they said