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CREDAI NCR Comments on Govt Easing FDI Rules for the Construction Sector
Mr. Rohit Raj Modi, President, CREDAI NCR

“It is indeed a welcome step by the government. The sector h...

Dec 03, 2014   17:47 IST  



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Exim Bank’s GOI-Supported Line of Credit [LOC] of USD 1 Billion Extended to the Government of Nepal

Export-Import Bank of India [Exim Bank] has, at the behest of Government of India, extended a Line of Credit [LOC] of USD 1 billion to the Government of Nepal for financing Hydropower, Irrigation and Infrastruc...

Dec 03, 2014   15:16 IST  



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Quote of Mr. Umesh Revankar, MD, Shriram Transport Finance Company

“Though it seems that the RBI has dashed the hopes of rate cuts in 2014, we appreciate the patience of the regulator in containing inflation within permissible limits. Our sense says, instead of being app...

Dec 02, 2014   18:18 IST  



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Views of Mr. Killol Pandya, Senior Fund Manager, Debt of LIC Nomura Mutual Fund on RBI Monetary Policy

The policy has been broadly in line with our expectations. It is a pragmatic policy with a realistic assessment of the concerns relating to inflation and growth. The policy is relatively more dovish than earlie...

Dec 02, 2014   17:48 IST  



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Quote on Credit Policy from Mr. Parthasarathy, Chief Financial Officer, Group CIO, EVP – Group M&A & Member of the Group Executive Board, Mahindra & Mahindra Ltd.

While the policy was on expected lines and the RBI's consistent stand on policy rates is understandable, a rate cut would have been favourable. India would not have been an outlier either, as China and Sout...

Dec 02, 2014   17:41 IST  



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Quote From Mr. J P Gupta, Vice President, CREDAI NCR Haryana on RBI Monetary Policy

"While we have full faith in the new government & the RBI, the announcement about the interest rates remaining unchanged is disappointing. With inflation largely under control, cheaper housing loan...

Dec 02, 2014   17:27 IST  



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RBI Policy Comments of Mr. Kiran Kumar Kavikondala, Director & CEO, WealthRays Securities

Impact of RBI Policy on Stock Markets

RBI maintained status quo in line with expectation of bankers. Markets after RBI policy were seen flat due to no rate cut. RBI looked slightly dovish note on its inflation outlook quoting "activity is likely ...

Dec 02, 2014   17:22 IST  



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Comments of Mr. Shyam Srinivasan, MD & CEO, Federal Bank, on RBI’s Monetary Policy

The policy announcement was along expected lines both in content and the underlying tone, which suggested an accommodative stance in the period ahead (even outside of policy review cycle), should data flow suggest continued easing up of inflation.

 

Further the likel...

Dec 02, 2014   17:15 IST  



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Quote/ Views of Mr. George Alexander Muthoot, Managing Director, Muthoot Finance Ltd

“The regulator sounded cautiously optimistic in the current policy review, which indicate that the inflation expectations are within their acceptable levels and the focus may now move towards driving ...

Dec 02, 2014   17:13 IST  



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Views of Ms. Arundhati Bhattacharya, Chairman, State bank of India on the RBI monetary policy

“The RBI assertion of a possible change in monetary policy stance next year is a clear vindication and acknowledgement of a benign inflation regime. In fact, by advancing the inflation target of 6% to March 2015, RBI has now set out a clear message of the reversal of the rate cycle, soon...

Dec 02, 2014   17:07 IST  



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