Credit absorption will increase after RBI decision: Says SBI Chief
The chairman of State Bank Of India thinks after the decision taken by the RBI, the monetary transmission will increase over the industries.
Credit absorption will increase for the commercial banking’s. Auto loans, farmer credit will see a good market opportunities.
Public sector companies will also roll out their investment plans to absorb lot of credit from the market.
After the decision the credit growth looks achievable as their pricing is better and also because their tax treatment is superior.
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Source : Business Standard
market opportunities, RBI, Real estate in India, Repo Rate, Reserve Bank of India, State Bank of India
[...] Credit absorption will increase after RBI decision: Says SBI Chief [...]
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