Monetary Policy Quote by Mr. Pralay Mondal, MD & CEO, CSB Bank
“It’s a very prudent move to not change the policy stance when the steps taken in the past are still being absorbed. The move to create a Fintech repository and increasing limits of UPI for specified categories helps growth and shows the increasing confidence of the regulator in the UPI framework. Reversal of SDF and MSF on holidays shows regulator’s intent to manage and keep liquidity efficient for the bank”
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