First View
Tamilnad Mercantile Bank MD, CEO Salee Nair on RBI Policy
This story was originally published at 13:51 IST on 6 August 2025
Register to read our real-time news.Informist, Wednesday, Aug. 6, 2025
MUMBAI – Salee S. Nair, managing director and chief executive officer, Tamilnad Mercantile Bank, said the following on the Reserve Bank of India's third bi-monthly monetary policy for 2025-26 (Apr-Mar) detailed on Wednesday:
The RBI's decision to maintain the repo rate at 5.5% with a neutral stance is a prudent move that reflects the need to strike a fine balance between nurturing growth and anchoring inflation expectations. With CPI inflation at a 77-month low and signs of robust rural consumption, this is an opportune moment for credit institutions like ours to deepen their outreach and serve as true enablers of growth. At Tamilnad Mercantile Bank, we see this policy as a green signal to enhance our credit delivery--especially to sectors like agriculture, micro-enterprises, and retail borrowers--where the multiplier effect of lending is most immediate.
We welcome the RBI's continued focus on financial inclusion through re-KYC, or know your customer, drives and simplified claim processes, which resonate with our ethos of customer-centricity and trust. As a bank with a strong presence in Tamil Nadu and other semi-urban and rural belts, we are well positioned to translate these policy cues into grassroots impact. End
Compiled by Shravani Chandiwade
Filed by Akul Nishant Akhoury
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.
Informist Media Tel +91 (22) 6985-4000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2025. All rights reserved.
To read more please subscribe
