Quote on Monetary Policy Announcement by Mr Pralay Mondal, MD & CEO, CSB Bank
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Below the Quote on Monetary Policy Announcement by Mr Pralay Mondal, MD & CEO, CSB Bank
“The Central Bank has been looking at data and deciding on policy objectively. The food inflation and the impact of base effect on inflation doesn’t warrant a looser monetary policy. The reduction of reporting periodicity to CIC and continuous clearance of cheques are welcome steps. We believe that RBI will continue to keep the system liquidity in surplus to ease pressure on bank deposits.”
Above views are of the author and not of the website kindly read disclaimer
