The Supreme Court on Monday asked the Reserve Bank of India to break its 10 month-long silence and reveal its decision on complaints that banks do not reduce floating interest rates on existing loans for buying homes, vehicles or consumer durables proportionate to its repo rate cuts (rate at which RBI lends money to banks).
The Supreme Court on Monday asked the Reserve Bank of India to break its 10 month-long silence and reveal its decision on complaints that banks do not reduce floating interest rates on existing loans for buying homes, vehicles or consumer durables proportionate to its repo rate cuts (rate at which RBI lends money to banks).
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