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RBI's Monetary Policy Review: Who said what

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RBI's Monetary Policy Review: Who said what

The monetary policy announcements should help in investment revival and contribute to strengthening of business sentiments, says Pranab Mukherjee, Finance Minister, to wire agencies
Print Edition: May 13, 2012
Pranab Mukherjee, Finance Minister
Pranab Mukherjee
The monetary policy announcements should help in investment revival and contribute to strengthening of business sentiments
Pranab Mukherjee, Finance Minister, to wire agencies

D. Subbarao, Governor, Reserve Bank of India
D. Subbarao
The reduction in the repo rate is based on an assessment of growth having slowed below its post-crisis trend rate, which, in turn, is contributing to the moderation in core inflation
D. Subbarao, Governor, Reserve Bank of India, to wire agencies

Deepak Parekh, HDFC Chairman
Deepak Parekh
I have never seen such negativity about the India story…investors want India to sort out its problem first
Deepak Parekh, HDFC Chairman, on CNBC TV18
 
K.R. Kamath, Chairman & MD, Punjab National Bank
K.R. Kamath
Margins will continue to be under stress. A repo rate cut does not bring down the cost in any way
K.R. Kamath, Chairman & MD, Punjab National Bank, in Hindu Business Line

High interest rates were having negative impact on the country's GDP. The cycle of repo cut has started and we may see more cuts in future.
Adi Godrej, CII President and Chairman, Godrej Group, in The Indian Express

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