RBI Monetary Policy - Quote by Mr. Govind Sankaranarayanan, Chief Operating Officer – Retail Business & Housing Finance, Tata Capital
“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
Mr. Govind Sankaranarayanan, COO – Retail Business and Housing Finance,
“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