Pranjul Bhandari - HSBC

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Last quote by Pranjul Bhandari

A lot of people are asking: will a rate cut actually help growth? And my answer is: yes and no. No, if that's the only step we take, but yes if you have a rate cut along with other steps taken to restore the banking sector to health. The RBI is taking the driver's seat in resolving a lot of the corporate debt and banking debt, the stock of non-performing loans that have accumulated in the country … so things are happening. They're not happening very quickly, but they're happening in the right direction.feedback
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Aug 02 2017 HSBC Bank
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Pranjul Bhandari is associated, including tax and buoyancy. Most recently, Pranjul Bhandari has been quoted saying: “Given that the second source of efficiency gains is getting compromised in the multiple rate structure, the growth impact could halve, to the 40bps ballpark.” in the article India’s set to roll out its biggest tax reform in 70 years. Here’s what it means.
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