RBI wants banks to cut base rates
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RBI wants banks to cut base rates

Mumbai : India | Aug 06, 2012 at 5:59 AM PDT
Source: India Abroad
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W ith banks led by the country's largest lender State Bank of India [ Get Quote ] choosing to cut spreads on certain categories of loans instead of the base rate, deputy governor Anand Sinha said on Monday the Reserve Bank would like the banks to cut the minimum lending rate to better carry forward its monetary... FULL ARTICLE AT India Abroad
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The Reserve Bank of India (RBI) has raised its main repo rate -- the rate at which it lends to commercial banks
The Reserve Bank of India (RBI) has raised its main repo rate -- the rate at which it lends to commercial banks
 
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