Rajeev Talwar hails rate cut, says industries should get incentive to grow
  • WebDesk BTVI
  • Apr 05 2019

Rajeev Talwar, MD, DLF, welcomed the 25 bps rate cut saying it was a good decision as MPC was providing room for credit growth. On how the transmission will play out, he said banks are in a better position to pass on the repo rate and the actual lending rate. He also adds that there is a need to provide an incentive for industries to grow.