INSUBCONTINENT EXCLUSIVE:
staggered and incomplete, the Reserve Bank of India said
According to the apex bank, the cumulative policy and repo rate reduction of 110 basis points in the last four reviews have led to a
is defeated as commercial banks do not fully transmit the benefits of the reduced short term lending, which is required to lower interest
February-August 2019, the weighted average lending rate (WALR) on fresh rupee loans of commercial banks declined by 29 bps," said the fourth
ever falling economic growth
frequency indicators suggest that the services sector activity weakened in July-August
demand, passenger vehicle sales contracted in July-August The sales of commercial vehicles, a key indicator for the transportation sector,
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