Chanda Kochhar, MD and CEO, ICICI Bank on RBI policy

Comments of Ms Chanda Kochhar, MD and CEO, ICICI Bank on RBI policy

Ms. Chanda Kochhar  MD and CEO  ICICI Bank inaugurates  'Smart Vault'  a fully automated locker in New Delhi

I welcome the RBI’s move to cut the repo rate by 25 basis points as well its intent to support liquidity. These steps will give a strong impetus to both consumption and investment led growth for the country. The strong focus by the government on supply side measures, which have resulted in containing inflation, has provided room to RBI to support growth through this rate cut.