Dr Vidya Mahambare
Professor of Economics and Finance
Programme Director - Postgraduate Diploma in Management Chairperson, UB-GL Centre for Banking Excellence
Great Lakes Institute of Management, Chennai
Great Lakes Institute of Management’s Professor Vidya Mahambare has shared her views on the RBI Governor’s speech and its impact.
“RBI’s liquidity enhancing measures announced today are aimed at encouraging banks to lend to targeted sectors such as healthcare and small borrowers. With sufficient liquidity already available with banks it is not clear as to why the flow of funds to these sectors would increase with minor incentives. The extension of availing the loan restructuring for SMEs is a welcome step. Also announced was the next round of purchases of outstanding government securities by the RBI later this month which should lower the pressure on G-sec yield and thus on the lending rates in general.”
No comments:
Post a Comment