The government and RBI is yet to decide and direct the banks to lower the Rate cut on loans and all as RBI recently lowered its REPO rates but few Banks not adhered with the policies for the same.
On Friday RBI deputy Governor S S MUNDRA Stated that Banks have to cut points by another 50 basis points under recent RBI rate cut and he also pointed that RBI is looking forward for discussing the issues related to the creation of an independent public debt management agency, including the timing.
His conclusion remarks also pointed India is well prepared for US FED RATE CUT IN USA .
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On Friday RBI deputy Governor S S MUNDRA Stated that Banks have to cut points by another 50 basis points under recent RBI rate cut and he also pointed that RBI is looking forward for discussing the issues related to the creation of an independent public debt management agency, including the timing.
His conclusion remarks also pointed India is well prepared for US FED RATE CUT IN USA .
CSGAURAV +919990694230
Subscribe to CS GAURAV SHARMA by Email
