MUMBAI: Bankers on Friday said the Reserve Bank's policy review signalling the withdrawal of accommodative measures as the focus shifts to inflation is "pragmatic", which reflects its concern on rising prices.
They also welcomed specific moves like allowing interoperability in card-less withdrawal at banks, saying it will give an impetus to QR code-enabled payments, and also the hike in the held to maturity category of statutory liquidity ratio (SLR) securities.
