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Monday, August 19, 2019

Growth is the highest priority as of now: RBI chief

After over a dozen public sector banks, including State Bank of India (SBI), have voluntarily linked their loans and deposits pricing to the repo rate, Reserve Bank of India (RBI) governor Shaktikanta Das on Monday stressed on the need for the entire system switching to this model, saying such a move can speed up the monetary transmission process.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2Zchc87

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