The Reserve Bank of India (RBI) will announce its new monetary policy tomorrow at 10 am. This will be the first credit policy of the new RBI Governor Sanjay Malhotra, which is expected to cut interest rates after 5 years.

Economists, bankers and industry leaders believe that RBI can give a gift of cheap debt this time, which will strengthen the economy. This decision will have a direct impact on many sectors and shares. Let us know which sectors and shares will benefit from which interest rate cuts will benefit and which will be damaged.

Expert opinion on RBI Monetary Policy

Economists, bankers and industry leaders involved in voice MPC (Monetary Policy Committee) believe that RBI can cut interest rates by 0.25%.

• This time the main focus of RBI may be on greater growth than inflation.
• The target of reducing the financial deficit in the budget will be positive for RBI.
• There is not much concern about the fall in the rupee.

Which sectors and shares will benefit from interest rate cuts?

Opinion of brokerage firm Morgan Stanley:

Morgan Stanley believes that interest rate cuts will benefit the highest -fixed lenders, unsecured lenders, vehicle finance and gold finance companies.

• M & M Financial and SBI Cards will benefit the most.
• PNB HSG Fin, Shriram Finance, Bajaj Finance, Home First Finance and APTUS Finance have been given overweight ratings.
• However, housing finance companies can suffer losses, causing negative effects on Lic Housing Finance.

Brokerage firm HSBC opinion:

HSBC believes that changes related to liquidity, regulation and policy direction will be important.

• Large and diversified NBFCs (Non-Banking Financial Companies) will benefit the most from cutting interest rates.
• Public sector banks are unlikely to benefit from this.

HSBC top pics:

• Chola Investment, Shriram Finance and M&M Financial Services have been described as the top likes.
• Indusind Bank, Equitas Small Finance Bank and Ujjivan Small Finance Bank are also likely to benefit from the rate cut.

Possible impact of interest rate deduction