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Transmission of rate cuts to improve further, says RBI governor


Earlier this month, the central bank opted for a status quo on the benchmark interest rate, amid signs of soaring inflation and an uncertain global environment.

india Updated: Feb 15, 2020 16:10 IST

Finance Minister Nirmala Sitharaman, RBI Governor Shaktikanta Das at RBI central board of directors in a customary post-budget meeting, in New Delhi. (PTI)

Reserve Bank of India (RBI) Governor Shaktikanta Das said on Saturday transmission of rate cuts is expected to improve further in the coming days and that momentum is gathering pace on credit growth.

Earlier this month, the central bank opted for a status ...


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