Thursday 1 October 2015

A Comment on RBI cutting the repo rate by 50 base points

MY Comment on an article "RBI provides booster shot to economy, cuts repo rate by 50 basis points" published in the economictimes.com Dated 01/10/2015 at 4:48 pm. 

"The benefits of this rate cut should be passed on to the customers by the intermediary banks and institutions that get facilitated in their transactions from the Central Bank (RBI). 

Then only can there be any of that positive influence on economy."

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