Bankers seek 50 bps cut in lending rates, CRR on Jan 29
PTI: Mumbai, Jan 15 2013, 21:12 IST
concerned about the rising bad assets in the financial system.
About the recent suggestion to pay interest on current account, Ramakrishnan said there was a passing mention regarding this with the apex bank at the meeting.
Citi India CEO Pramit Jhaveri said the bankers sought a reduction in the repo rate along with CRR, the portion of deposits banks have to park with RBI.
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