Tag «RBI credit policy»

Chanda Kochhar, on RBI Credit Policy

Ms. Chanda Kochhar, MD and CEO, ICICI Bank, said, ”The policy announcement today is line with market expectations. The RBI has rightly indicated that it would watch the growth trends, the fiscal approach to be articulated in the budget and the factors impacting inflation in the coming months. The policy statement is a comprehensive and …

Comments of Ms. Chanda Kochhar, MD & CEO, ICICI Bank on RBI credit policy (December 2, 2014)

The policy signals RBI’s resolve to firmly contain inflation and inflationary expectations, while responding to positive developments in inflation and fiscal consolidation. The statement that a change in monetary policy stance is likely early next year if the current positive trends continue is very welcome. The economy has already received a tremendous boost in terms …