Sunday, December 27, 2020

Credit demand fails to pick up despite aggressive rate cuts

Besides 115 basis points reduction in the benchmark repo rate, the rate at which RBI lends to bank, the central bank has infused liquidity into the system through unconventional tools such as LTRO/TLTRO operations to make loans cheaper.

from Economy-News-Economic Times https://ift.tt/3psl9TO

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