Chennai, Feb. 6 -- The RBI's decision to maintain the policy rate while continuing with a neutral stance reflects a balanced approach amid evolving global and domestic conditions,Mr. Ajay Kumar Srivastava, Managing Director and CEO of Indian Overseas Bank (IOB) said on Friday.
With inflation remaining benign, the policy framework provides stability and adequate headroom to support growth while preserving macroeconomic discipline.
The central bank's confidence in India's growth outlook underlines the resilience of domestic demand and the effectiveness of recent policy measures, he said in a statement.
"We also welcome the RBI's continued emphasis on strengthening the financial ecosystem through customer protection, improved liquidity mana...