In an interview with Narayanan V, managing director and CEO N Kamakodi explains the rationale behind diversifying its portfolio, and outlines its lending plans.
Excerpts:
Was the absence of a repo rate cut in the recent monetary policy review disappointing?
We cannot say that a reduction in the repo rate was expected. The signals from earlier policy meetings were very clear that the focus would be on inflation. While many expressed their wish for a rate cut, especially given that economic growth was below anticipated levels, indications clearly suggest a need to restore a balance between growth and inflation. The RBI has taken a right balance. That said, the 50-basis-point cut in the cash reserve ratio to 4% is a strong indicator that the rate-cut cycle will begin sooner rather than later.
Credit growth outpaced your deposit growth in the last two quarters. Is deposit mobilisation still a challenge?
この記事は Financial Express Pune の December 11, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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この記事は Financial Express Pune の December 11, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
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