ET Explains: What's making the pass-through of RBI's policy decisions sticky

The issue of lack of monetary transmission hasn't cropped up suddenly and is something that has been a matter of concern for the RBI in ensuring the pass-through of its policy decisions. The matter snowballed in the last few months after the RBI observed that the effects of its rate cuts are not being felt in terms of interest rates coming down.

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