US EditionAll banks should bring down lending rates for speedy transmission of policy rate: RBI Bulletin
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All banks should bring down lending rates for speedy transmission of policy rate: RBI Bulletin
Mumbai : An article published in the Reserve Bank of India’s (RBI) June Bulletin has said that all banks should bring down their lending rates for speedy transmission of the policy rate, which was lowered by 50 basis points earlier this month. The article stressed that the financial conditions remained conducive to facilitating an efficient transmission of rate cuts. Most of the banks have already passed on the rate cuts announced in February an…
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