Rate cut on the cards

Rate cut on the cards: That’s all very well, but it should translate into broad-based recovery...

Online comments posted:
"It is common knowledge now that post- November 8, 2016, there has been deposit growth in banks to the extent that banks were finding it difficult to deploy their resources in remunerative avenues. Mentioned this because, this time around, any change in RBI’s base rates may not have much impact on the pool of resources of banks and therefore, one need not be surprised if the central bank leaves the rates untouched for now."
M G Warrier

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