Difficult to rollout rate cut higher than 25 bps: S Harishankar, Punjab & Sind Bank
  • WebDesk BTVI
  • Jun 04 2019

S Harishankar, MD and CEO of Punjab & Sind Bank, says GDP number will pick up the pace soon and added that capitalisation has been happening. He says once the parameters of economy look better, rate cuts will be effective and banks will pass on rate cut benefits to end consumers. He says it is difficult to rollout a rate cut higher than 25 bps.