Interest rate cuts will make a difference when they’re transmitted

Banking sector reform won’t lead to an immediate change, but in the medium term, it will help transmission of policy rates to bank lending rates. Connect with ThePrint » Subscribe to ThePrint : http://bit.ly/SubscribeToThePrint » Like us on Facebook: https://www.facebook.com/theprintindia » Tweet us on Twitter: https://twitter.com/theprintindia » Follow us on Instagram: https://www.instagram.com/theprintindia » Find us on LinkedIn : https://www.linkedin.com/company/theprint