India Central Bank Faces Trouble Getting Banks to Cut Rates
A man drinks tea as he walks past the Reserve Bank of India (RBI) headquarter building in Mumbai, India (Photographer: Dhiraj Singh/Bloomberg)

India Central Bank Faces Trouble Getting Banks to Cut Rates

(Bloomberg) -- Indian lenders haven’t fully passed on the central bank’s latest interest rate cut to borrowers, pressuring the monetary authority to loosen policy even more to support economic grow...
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