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Banks Slow in Passing RBI Rates Cuts: India Ratings
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Banks Slow in Passing RBI Rates Cuts: India Ratings
11:32
Published On: October 07, 2015
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Sunil Kumar Sinha, principal economist and director of public finance at India Ratings and Research, says in an upcycle banks usually raise the lending rates immediately whereas it is not the case when the RBI cuts repo rate.
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