Profit

Hopeful that RBI will ease rates in October: Hero Motocorp

PUBLISHED ON: September 17, 2012 | Duration: 9 min, 46 sec

facebooktwitteremailkoo
loading..
While the RBI has cut cash reserve ratio at its mid quarter review, corporate India remains critical and wants the RBI to lower its benchmark repo rate. Sunilkant Munjal, joint managing director, Hero MotoCorp argues that the benefit of a CRR cut is not passed on to a bulk of corporate India which continues to struggle with the availability and cost of credit. Munjal is hopeful that the RBI will ease rates in October, which will help add to the positive sentiment generated by the government measures announced recently.
ALSO WATCH
देश में लोग नौकरी देने वाले बन रहे हैं, बढ़ती बेरोज़गारी पर बोले अनुराग ठाकुर

................................ Advertisement ................................

................................ Advertisement ................................

................................ Advertisement ................................

Listen to the latest songs, only on JioSaavn.com