‪‪Reserve Bank of India‬, ‪Monetary policy‬‬ – Banks struggle to pass on any rate cut

With credit demand down, banks may struggle to pass on any rate cut The silence of the top brass of the RBI, especially Governor Urjit Patel, who has spoken once since demonetisation, has become a subject of debate. source: indianexpress.com:- Just short of a month into the currency recall exercise, the Reserve Bank of India’s silence […]