Monetary Policy Quote : The Status quo considering the volatility in Global factors is a prudent call says Mr. Pralay Mondal, MD & CEO, CSB Bank
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Below the Quote on Monetary Policy by Mr. Pralay Mondal, MD & CEO, CSB Bank
“The Status quo considering the volatility in Global factors is a prudent call. The growth projection of 6.6% along with incremental higher credit growth will keep pressure on banks for deposits. We hope prudent balance in OMO sales will keep the system liquidity adequate to keep the short term rates down. Overall close watch on inflation and other high frequency data will remain important.”
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