Tag «RBI Policy»

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

“The RBI has maintained stability in monetary policy with a focus on the medium-term inflation targets being sustainably achieved, while continuing to be supportive of growth. The policy has maintained an accommodative stance while taking into account global developments and domestic economic conditions. With respect to demonetisation, the assessment that this will have only a …

Chanda Kochhar, MD and CEO, ICICI Bank on RBI policy

Comments of Ms Chanda Kochhar, MD and CEO, ICICI Bank on RBI policy I welcome the RBI’s move to cut the repo rate by 25 basis points as well its intent to support liquidity. These steps will give a strong impetus to both consumption and investment led growth for the country. The strong focus by …

Rana Kapoor, MD & CEO, YES Bank on RBI Policy

MPC Onto a Flying Start.   The inaugural policy of the MPC and the Governor is full of growth conviction, business confidence and effective communication by the Governor and the DGs. This highly collaborative and participative MPC methodology has got onto a Flying Start.   The maiden policy decision taken by RBI’s MPC is completely …

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

“The decision to keep the policy rate unchanged is in line with market expectations. The articulation of a continued accommodative policy stance is welcome. As stated in its April policy, the RBI has ensured adequate liquidity and brought the liquidity balance closer to neutrality, which is indeed commendable. The favourable monsoons and the momentum in …

Chanda Kochhar, MD and CEO, ICICI Bank on RBI policy

  The comprehensive approach towards systemic liquidity that the Governor has articulated is very positive and welcome. The higher than normal systemic liquidity deficit had been a matter of concern among market participants. The announcement that the RBI will progressively lower the average liquidity deficit in the system from one per cent of NDTL to …

Rana Kapoor, MD & CEO, YES BANK on RBI Policy

“After front loading the 50 bps rate cut in its last policy meeting, RBI stood pat today. In the accompanying commentary, RBI has decisively focused on domestic factors of improving growth and an anchored inflation trajectory; allowing it to downplay the impact of Fed lift-off likely later this month.   Going forward, I believe RBI …

Mkt shrugs RBI policy, European cues power Nifty to 5850

17th June, 2013 : Comments by Amar Ambani, Head of Research, India Infoline (a well diversified financial services company) The indices started the week with smart gains extending its upswing for the second consecutive trading session. Ahead of the Reserve Bank’s monetary policy, the market traded flat with a slight negative bias. However, the benchmark …