Comments of Ms Chanda Kochhar, MD and CEO, ICICI Bank on RBI policy

“The RBI’s acknowledgement of downward shift in the inflation trajectory is welcome. It is also heartening that the RBI has again reiterated its focus on resolution of stressed assets which will help to strengthen the banking system and ensure that investments made are optimally utilised. The SLR cut and reduction in risk weights for housing loans are positive moves that will support bank liquidity and encourage growth in housing loans.”