RBI asks all banks to ensure 50 bps rate cuts are passed on to customers swiftly
SBI, Bank of Baroda, and HDFC Bank are among the lenders that have already passed on the benchmark lending rate-linked interest rate to borrowers by 50 bps.
source https://www.livemint.com/industry/banking/rbi-asks-all-banks-to-ensure-50-bps-rate-cuts-are-passed-on-to-customers-swiftly-11750957794745.html
source https://www.livemint.com/industry/banking/rbi-asks-all-banks-to-ensure-50-bps-rate-cuts-are-passed-on-to-customers-swiftly-11750957794745.html
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