What are the expectations from new credit policy?
  • WebDesk BTVI
  • Apr 03 2019

HDFC Chairman Deepak Parekh talks about what are the expectations from credit policy on rate cut. Parekh focuses on food and fuel inflation, and says there may be a need for a larger rate cut if monsoon doesn’t pan out as hoped. Romesh Sobti, MD & CEO IdusInd Bank, says the market expects another 25 basis point rate cut.