Despite Indian economy recovering, there is very little room for loan growth, say bankers.
Dy Governor notes it's an era of job changes for better.
Banks have not cut rates yet as March is typically a busy season.
Benchmark rate for new loans to be lower by 80-90 bps from Friday; move could increase competition but hit commercial papers.
Since January 2015, the central bank has lowered its policy rate.
Your money is protected by the Deposit Insurance and Credit Guarantee Corporation.
With over Rs 15,000 crore in deposits, its strategy is a hit for now, but the real test will come when it starts lending to retail and corporate customers in a big way