It is crucial for RBI to maintain its ease rate stance: JSPL

"It is crucial for the RBI to maintain its ease rate stance in order to energize - the economy and the stressed core sectors in particular that are plagued by a multitude of issues ranging from high banking exposure to subdued demand. We believe if RBI cuts policy rates in future adding upto 200 basis points by the end of 2015 - it will be a big stimulus for the economy."

The author is Ravi Uppal - MD & Group CEO: Jindal Steel & Power Ltd