In a recent interview to ET Now First Trades, Shri P.S. Jayakumar – MD & CEO, Bank of Baroda spoke on Repo rate cut and its positive outcome in repo rate linked loans. With the rate cut, he opined that the credit growth along with the economy would pick up. He further said that the liquidity situation as far as NBFCs are concerned is much better. He added that with this, Bank of Baroda is hoping to see a positive change. Summarizing the talks, he said that lower interest rates, festive season and public outreach will augur well leading to a growth in credit and the economy.
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