Policy is progressive and forward looking with growth centric initiatives
Policy is progressive and forward looking with growth centric initiatives. The measures are a potent force to support bond market, catalyze rate transmission and improve liquidity so as to be conducive to the revival prospects. Core segments like retail and MSME will also have better prospects by measures, such as, rationalisation of Risk Weight for housing loans, enhancement of regulatory retail cap and co-lending with NBFCs/HFCs. All in all, a feel good policy for the financial system and real segments.
-Shri A. K. Das, Managing Director & CEO,Bank of India
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