Banks In Position To Pass On Benefit Of RBI Rate Cut: Niti Aayog

Banks In Position To Pass On Benefit Of RBI Rate Cut: Niti Aayog

The RBI had on February 7 announced a cut of 25 basis points in repo rate, and so far SBI is the only commercial bank to have followed suit.

Banking & Financial Services | | Updated: February 22, 2019 17:10 IST
Banks In Position To Pass On Benefit Of RBI Rate Cut: Niti Aayog

SBI is the only commercial bank so far to have followed the repo rate revision with a cut in its key rate