Capital First Quote :: Monetary Policy 2016-17
Quote by Mr. V Vaidyanathan, Executive Chairman, Capital First Limited:
April 5 2016, 13.29 PM IST || Pocket News Alert
“This policy is all about transmission. By addressing liquidity issues substantially through OMO and announcing a liquidity neutral deficit stance, coupled with the MCLR regime, the RBI has paved way for quicker transmission. In any case the bond markets have already passed on about 30 bps in the last 15 days, which will hasten this process.”
Quote by Mr. V Vaidyanathan, Executive Chairman, Capital First Limited:
April 5 2016, 13.29 PM IST || Pocket News Alert
“This policy is all about transmission. By addressing liquidity issues substantially through OMO and announcing a liquidity neutral deficit stance, coupled with the MCLR regime, the RBI has paved way for quicker transmission. In any case the bond markets have already passed on about 30 bps in the last 15 days, which will hasten this process.”
