Suvashree Choudhury And Gaurav Pai

All stories by Suvashree Choudhury And Gaurav Pai

Rate cuts likely even as RBI talks tough on inflation

Rate cuts likely even as RBI talks tough on inflation

Rediff.com10 Nov 2014

Despite no change in interest rates, India's largest lender, State Bank of India, last week became among the latest to lower deposit rates, often a precursor to lower lending rates, something some banks have already done for certain consumer loans.