CSB Bank MD, CEO Pralay Mondal on RBI Policy
This story was originally published at 12:34 IST on 7 October 2026
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MUMBAI - Pralay Mondal, managing director and chief executive officer, CSB Bank, said the following on the Reserve Bank of India's fourth bi-monthly monetary policy statement for 2026-27 (Apr-Mar) detailed Wednesday:
The repo rate hike is a prudent step in an uncertain global scenario. The underlying stress in inflation for the next few quarters warranted some steps in time to prevent further escalation. A rate hike would not be effective without calibrating the operative rate to repo rate. However, RBI is expected to maintain adequate liquidity for smooth functioning of the money markets.
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Compiled by Meera Nair
Filed by Akul Nishant Akhoury
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