NBFC Sector Will Pick Up Momentum Going Forward: Pallav Mohapatra, Central Bank
  • WebDesk BTVI
  • Aug 14 2019

Pallav Mohapatra, MD of Central Bank said that the bank has transmitted 35 Bps since February this year and have cut one year MCLR by 20 Bps which will be effective by August 15. The bank will link a few products to repo rates by September- October and the rate of interest will continue to remain competitive, he added.