Axis Bank’s top boss Amitabh Chaudhry said the continuing liquidity deficit in the system could impact credit growth and hence the country’s GDP growth at some point, while Bajaj Finserv’s Sanjiv Bajaj said there was a need to create a dedicated liquidity support line for NBFCs, many of which were as big or bigger than banks, and catering to vast segments of society. The country’s largest lender State of India’s Chairman CS Setty added that while liquidity continues to remain tight, the availability of on-tap liquidity from RBI definitely was a good indicator.
