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CSB Bank MD, CEO Pralay Mondal on RBI Policy
This story was originally published at 13:19 IST on 5 August 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 third bi-monthly monetary policy statement for 2026-27 (Apr-Mar) detailed Wednesday:
The RBI's policy decision is largely on expected lines and reinforces macroeconomic stability. Despite supply-side challenges, inflation remains well contained, while the central bank's liquidity measures continue to support credit flow and economic growth. The proposed framework for interest rates on advances is a welcome step towards greater transparency and uniformity in loan pricing, ultimately benefiting consumers. End
Compiled by Nandini Sinha
Filed by Rajeev Pai
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