Quote on RBI MPC Views by Mr. Binod Kumar, MD & CEO, Indian Bank

Below the Quote on RBI MPC Views by Mr. Binod Kumar, MD & CEO, Indian Bank
“As RBI had front loaded rate cate, it was expected to maintain status quo. It is welcome move. However, it leaves room to reconsider in coming months as CPI is benign and a push for growth may be required. At Indian Bank, we have already passed on benefits of previous rate cut and expect further normalisation in MCLR as cost of fund continue southward journey.”
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Quote on RBI MPC Announcement by Mr. Siddharth Chaudhary, Head- Fixed Income, Bajaj Finserv AMC


