Banks have not passed on RBI's rate cuts to borrowers in 2019: Survey

Borrowers have often complained that banks have not passed on the benefits of repo rate cut by the RBI to them. In the year 2019, the central bank has reduced the repo rate by 135 bps. The credit spread is at the highest level in this decade.

from Personal Finance News-Wealth-Economic Times https://ift.tt/2GS1W9T