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The Reserve Bank of India (RBI) feels that the banks have been neglecting their primary function of credit creation in favour of "narrow banking" for short-term gains. While this could be appropriate in times of easy liquidity, the macro-economic performance...
#bank#interest rates#management
With political uncertainty still hovering over the country, the Reserve Bank of India (RBI) yesterday left the bank rate and…
India's central bank, the Reserve Bank of India (RBI), has left interest rates unchanged at 6%, but raised its forecast…
#bank#banks#Boost