Sunday 6 December 2015

INTEREST RATE CUT NOT PASSED TO MSME : RBI GOVERNOR SHOWS SERIOUS CONCERN



RBI governor has shown serious concern over banks not passing the interest rate cuts to consumers. Rates have been reduced by RBI for giving a vitamin dose to ill economy of country. But banks have not passed the same to customers. The attached article by Lalit Virmani in Business Mantra gives all details
http://www.businessmantranews.com/news/pass-on-the-rate-cuts-to-consumers-directs-rbi-governor-to-banks