Views of Mr. R. Subramaniakumar, MD & CEO, Indian Overseas Bank
On the Second Bi-monthly Monetary Policy
The
Policy with neutral stance and the narratives are towards strengthening
the fundamentals, especially the inflation.
Economic revival on a
sound footing and increased capacity utilization are reassuring
statements, which will spruce up investments.
 |
| R. Subramaniakumar, MD & CEO, Indian Overseas Bank |
Recognising
the MSME sector strain and extending the relief of 180 days for asset
classification is a very positive and forward-looking step.
Banks may
have some relief as well.
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