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Tv9 Gujarat - RBI Credit Policy : interest rates unchanged & not to rise for loan seekers

5 years ago18 views

As per new RBI credit policy,banks are unlikely to increase lending rates in the near future despite recent liquidity tightening measures announced by cbank to contain rupee fall, as demand for loans have remained weak. and Loan demand is too weak. That is why there may not be enough demand. We are waiting because these steps are supposed to be temporary. So, unless they (RBI) linger on for very long, none of the banks are increasing their loan pricing," Chairman of SBI said.

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