Monday, December 31, 2012

RBI to take a new supervisory role on pricing: Chakrabarty

.......... “all we are asking is whether you are doing the right thing and examine that. Look at risk based pricing, if you (Banks) charge too much interest rate, good customer will not come. When the prices are too high, entire society is blaming RBI only and I am not happy about that. If price become exploratory, then we will intervene as we did in microfinance,” ........

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