Competition will result in banks passing on rate cut to consumers; not RBI interference: Raghuram Rajan
The banking sector struggling with bad loans is not expected to lower interest rates anytime in the near future, as banks have to clean up their balance sheets before lowering the interest rates, said RBI Governor Raghuram Rajan.
Jun 07, 2016, 11:52 AM ISTRBI monetary policy review today: What to expect
Amid rising inflationary pressures, RBI may maintain status quo in the monetary policy review Tuesday.
Feb 02, 2016, 09:38 AM IST