RBI Strategy Cannot Be Permanent: Yes Bank
  • Saba Ashraf
  • Jul 18 2013

July 18, 2013: Rajat Monga, CFO at Yes Bank, believes RBI cannot cut rates and tighten liquidity conditions at the same time. “The rate cutting cycle will be brought back only after RBI moves come into effect,” he added. Monga also said the investment cycle needs a policy injection and interest rates can only help, not determine policy cycle.