Unhappy with the pace of transmission of interest rate cuts, the Reserve Bank of India plans to direct banks to start providing loans linked to an external benchmark like the repo (rate at which the RBI lends money to banks). RBI governor Shaktikanta Das said that some banks have already announced their intent to link lending rates to an external benchmark.
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2Ni6zyc
Subscribe to:
Post Comments (Atom)
TVS Credit reports 33% growth in Q4 FY24 PAT
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/hoQApVK
-
A woman, in her early 20s, was stabbed to death by a man in southeast Delhi's Bhogal area on Friday evening, following which the accused...
-
The Delhi High Court on Thursday dismissed the pleas of TTV Dhinakaran and VK Sasikala challenging the Election Commission's order grant...
-
Trading in stock markets this week will be majorly influenced by the upcoming quarterly earnings from IT majors TCS and Infosys, along with...
No comments:
Post a Comment