The RBI decision to raise repo rate by 0.25% is a preemptive - SBI Chairman Mr. Rajnish Kumar - MYREALITY.In, Real Estate, Share Market, Mutual Fund, Insurance
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Wednesday, June 06, 2018

The RBI decision to raise repo rate by 0.25% is a preemptive - SBI Chairman Mr. Rajnish Kumar

Quote of SBI Chairman Mr. Rajnish Kumar on RBI monetary policy


The RBI decision to raise repo rate by 0.25% (25 bps) is a preemptive and welcome move. 

Simultaneously, the decision to keep the stance in neutral mode indicates RBI willingness to be flexible and accommodative. On the development front, the bouquet of measures are positive. In particular, the increase in FALLCR will provide more liquidity to banks and moderate short end interest rates. 

SBI Chairman Mr. Rajnish Kumar


Other measures like increase in threshold limits for affordable housing, encouraging continued formalization of MSME sector are in the right direction. 

The change in SDL valuation norms are long term positives and the spread of MTM losses over 4 quarters will provide the banks with much needed relief.
The RBI decision to raise repo rate by 0.25% is a preemptive - SBI Chairman Mr. Rajnish Kumar Reviewed by S. Chitra on June 06, 2018 Rating: 5 Quote of SBI Chairman Mr. Rajnish Kumar on RBI monetary policy The RBI decision to raise repo rate by 0.25% (25 bps) is a preempti...

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