Govt, RBI should meet, discuss credit growth: Keki Mistry, HDFC
  • WebDesk BTVI
  • Aug 01 2019

Keki Mistry, VC and CEO of HDFC, in conversation with BTVI Channel Director Muralidhar Swaminathan talks about retain lending rate cut. Mistry says rate transmission takes time which led to the delay in banks passing on the benefits of RBI rate cut to consumers. He says the bank decided on 10 bps cut in lending rates as per cost of funds. On the current liquidity crunch, he says the government and RBI should meet to discuss credit growth.