Leif Eskesen, Chief Economist for ASEAN and India from HSBC, in an interview with CNBC-TV18's Mitali Mukherjee and Udayan Mukherjee, gave his perspective and views on the much awaited RBI's policy announcement.
The Reserve Bank of India's (RBI) revised provisioning guidelines may have brought relief to banks which are yet to achieve 70% provision coverage ratio. It has irked many experts who consider RBI's relaxation too ad hoc and ill timed. CNBC-TV18's Gopika Gopakumar reports.