Hours after RBI call, Axis Bank says Linking loans to repo is not the only way for faster transmission

The third-largest private sector lender#39;s executive director for corporate lending Rajiv Anand blamed liquidity issues prevented banks cutting the lending rates till June and that with better liquidity conditions since then, banks have been passing on the benefits of the RBI rate cuts.

from Moneycontrol Business News https://ift.tt/31NL8Jj