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RBI cuts repo rate by 25 basis points: Who said what

RBI cuts repo rate by 25 basis points: Who said what

Repo rate cut will have no impact on loan, deposit rates. Unless banks can reduce deposit rates, a lending rate cut is difficult, says Pratip Chaudhuri, Chairman, State Bank of India, in The Economic Times
Pratip Chaudhuri, Chairman, State Bank of India
Pratip Chaudhuri
Repo rate cut will have no impact on loan, deposit rates. Unless banks can reduce deposit rates, a lending rate cut is difficult
Pratip Chaudhuri, Chairman, State Bank of India, in The Economic Times

Dinesh Thakkar, CMD, Angel Broking, to Agencies
Dinesh Thakkar
Broader economic indicators of growth and industrial production reflect weakness but with monetary policy stance shifting to support growth, I expect a gradual improvement in FY 2014
Dinesh Thakkar, CMD, Angel Broking, to Agencies

Leif Eskesen, Chief Economist, India and ASEAN, HSBC, to Agencies
Leif Eskesen
The high current account deficit limits room for further easing… the slowdown in growth is structural and due to supply-side issues, and should be addressed through reforms
Leif Eskesen, Chief Economist, India and ASEAN, HSBC, to Agencies

 Rajiv Talwar, Executive Director, DLF Group, to Agencies
Rajiv Talwar
With the fiscal discipline introduced by the Finance Minister, I believe this is a follow up action. Everyone is cautiously treading towards achieving growth
Rajiv Talwar, Executive Director, DLF Group, to Agencies

CRR (cash reserve ratio) cut did not take place, but we draw comfort from the announcement that RBI will conduct bond purchases to infuse liquidity
S.S. Mundra, CMD, Bank of Baroda, in The Economic Times

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