`The decision to keep the rates unchanged signals a policy shift by the RBI from an accommodative to a neutral stance'
Author(s): City Air News“The decision to keep the rates unchanged signals a policy shift by the RBI from an accommodative to a neutral stance. The post demonetization era has already led to an influx of funds which has subsequently resulted...
cityairnews
Feb 8, 2017 12:30
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“The decision to keep the rates unchanged signals a policy shift by the RBI from an accommodative to a neutral stance. The post demonetization era has already led to an influx of funds which has subsequently resulted in a fall in market interest rates for sectors like housing, auto and white goods and the RBI seems to have adopted a wait-and-watch policy to see if demand picks up in these sectors”. - Mr.Govind Sankaranarayanan, Chief Operating Officer – Retail Business & Housing Finance, Tata Capital.
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Date:
Wednesday, February 8, 2017
