Hours after RBI call, Axis Bank says linking loans to repo rate is not the only way for faster transmission

It can be noted that till the last rate cut of 0.35 percent, the banks have passed out only 0.29 percent of the 0.75 percent in rate cuts initiated by the RBI to the final borrowers.

from Banking/Finance-Industry-Economic Times https://ift.tt/2Zd63Ih