Showing posts with label Industrial Fraternity. Show all posts
Showing posts with label Industrial Fraternity. Show all posts

Tuesday, June 19, 2012

A disappointed lot - People who are trying hard to have a home and car of their own too sounded disappointed that the short-term bank rates did not come down.

Expectations of industrial fraternity and retail loan borrowers in Tirupur district for a cut in short-term bank rates have fallen like a symbolic pack of cards as RBI kept Repo rate (rate at which banks borrow from RBI) unchanged in the mid-quarter monetary police review unveiled on Monday.