Sentences with phrase «rbi slashing rates»
The new methodology will come into effect from 1 April 2016 and is expected to curtail banks» ability to hold on to higher base rates despite the RBI slashing rates.
http://www.yourloanadvisors.com/ Not exact matches
Since January 2015, RBI has slashed the repo rate by 125 basis points (bps), but banks have passed on only around 50 - 60 bps to their borrowers.