Several factors still hinder monetary transmission to bank rates: RBI

Several factors still hinder monetary transmission to bank rates: RBI

Several factors still hinder monetary transmission to bank rates: RBIJul 18, 2021, 04:52 PM IST

The RBI Bulletin for July 2021 noted that the central bank has made several attempts to improve the effectiveness of monetary transmission by refining the process of interest rates setting by banks.

IBA to soon move application to RBI for setting up Rs 6,000-cr bad bankJul 18, 2021, 12:45 PM IST

With registration of the company, the process for putting an initial capital of Rs 100 crore is on as per the guidelines, the sources said adding that the next step will be audit and then move application to the RBI seeking licence for the asset reconstruction company.

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