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Despite RBI's persuasion and surplus cash with banks, lowering of interest rates have not seen the light of day. Private profiteering? or just that PSU Banks are stupid!!!
References:
India call rates dive on surplus cash with banks
Bankers say no to lowering lending rates
RBI asks banks to ease lending rates
References:
India call rates dive on surplus cash with banks
Bankers say no to lowering lending rates
RBI asks banks to ease lending rates
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