
Transmission of rate cuts to improve further, says RBI Governor
Sunday, February 16, 2020, 12:58 PM
Reserve Bank Governor Shaktikanta Das on Saturday said momentum is gathering pace on credit growth and expressed hope that transmission of rate cuts will improve further in the coming days. Addressing the media after RBI board meeting, which was also addressed by Finance Minister Nirmala Sitharaman, Das said he does not agree that rate cut transmission is plateauing out.
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