This was catalysed by the mandated linking of the interest rates on new loans to certain sectors such as personal and micro, small and medium enterprises (MSME), effective October 2019, to an external benchmark, the Reserve Bank said in its annual report.source https://economictimes.indiatimes.com/industry/banking/finance/banking/interest-rates-transmission-improved-during-2019-20-according-to-rbi-report/articleshow/77742966.cms
No comments:
Post a Comment