........At a meeting with chief executives of the banks on Friday, RBI's Deputy Governor Anand Sinha sought to know why the lenders had not raised lending or deposit rates in tandem with the central bank's moves. RBI has raised the repo rate, the rate at which it lends money to commercial banks, twice by 25 basis points each since September 20 to contain inflation. However, most banks have desisted from raising rates. Although...........
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