2 min read.Updated: 22 Jun 2016, 07:05 PM ISTLivemint
Apex bank is working on higher transmission of monetary easing, however, the banks are not doing enough
The likely build-up of a scenario of delayed monsoon and hardening of prices might lead to a longer than expected pause in rate cuts by the Reserve Bank of India (RBI) A report by Dun & Bradstreet, D&B Economy Observer, said that it is not only the rate cut but the transmission of the same that will be in focus in the near term as indicated by the RBI.
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