RBI cannot alone help revive the sluggish economy: Aditya Puri
PUBLISHED ON: June 5, 2012 | Duration: 26 min, 02 sec
With growth slowing, the call for rate cuts has grown louder. In an exclusive chat with NDTV, Aditya Puri, MD of HDFC Bank agrees that there is some room for further rate cuts, and warns that the central bank cannot alone help revive the sluggish economy. Puri adds that with liquidity remaining tight, the pass through of RBI rate cuts may be limited.