On hold and accommodative - The Hindu

On hold and accommodative - The Hindu



Excerpts:

"Dr. Rajan has his task cut out as he focusses on unclogging the monetary transmission pipeline at banks. With only about half of the 125 basis points cut in the policy rate conveyed to borrowers, the RBI is racing to ensure that a clean-up of lenders’ balance sheets can help free up funds toward productive credit flows. For now though, it will be a vigilant watch at the RBI."



Use the link provided and read full editorial.

M G Warrier

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