Bank Nifty Tips - No room for cut in lending rates in near-term, say bankers post-RBI monetary policy review as on 5 Aug, 2015

Bank Nifty Tips - Even though the Reserve Bank of India (RBI) in its monetary policy review today rapped them for not fully passing on to borrowers three cuts in the key rate this year, bankers today ruled out any immediate lowering of interest rates, saying it expects them to do so in the near future.

Bankers today ruled out any immediate lowering of interest rates even as the Reserve Bank of India (RBI) today rapped them for not fully passing on to borrowers three cuts in the key rate this year, saying it expects them to do so in the near future.