Hopeful Of Eco Recovery: K.R. Kamath
  • Prabha Hedge
  • Apr 01 2014

April 1: The Reserve Bank of India announced its bi-monthly monetary policy for FY15. Keeping the rates unchanged, RBI announced that further rate hikes will not be required if inflation does head lower. Speaking about the same, K.R. Kamath, CMD, PNB and Chairman, IBA, says, “It is too early to respond with rate action.” Bloomberg TV India gets you a detailed report on what bankers are making of RBI's rate decision and whether there will be a transmission of rates to the consumers.