.......A senior banker termed the decision to increase the indicative bank rate as “sudden and unexpected” step. “An increase in lending rates depends on the liquidity in the market. As of now, there is enough liquidity. However, if these measures lead to a reduction in the liquidity, banks may increase the interest rates,” said a senior SBI official.............
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
No comments:
Post a Comment