Home » Mr. Indranil Pan

Tag: Mr. Indranil Pan

Post
Perspective on the Credit Policy
January 29, 2013January 29, 2013by In Infrastructure Finance

Perspective on the Credit Policy

In my opinion, RBI delivered a very balanced policy. As expected, they chose the calibrated path of a 25 bps cut in the Repo and the Reverse Repo rates as they wanted to avoid a repeat of April 2012 when the RBI had cut the Repo rate by 50 bps and then had to pause with surprises creeping in from the inflation side. On the other side, there is a clear acknowledgement from the RBI that demand side activity has remained low, growth has slowed below trend, probably needing the RBI to complement the