Reversing Rate Cuts May Not Be An Option: BoB
  • Saba Ashraf
  • Jul 26 2013

July 26: A few banks have cut their base rates even before the RBI measures were put in place. However, S.S. Mundra, Chairman and MD of Bank of Baroda, says reversing rate cuts may not be an option for banks now. He also discusses his expectations for lending rates in the banking sector.