Shouldn’t expect high rate cut from RBI this time: MK Jain, Oriental Bank of Commerce
  • WebDesk BTVI
  • Jun 04 2019

Mukesh Kumar Jain, MD & CEO of Oriental Bank of Commerce, says people should not expect another high rate cut from the RBI as they are also affected by the current economic condition. He says the there is a need to keep in mind the overall course of the product while passing on rate cuts. He also adds that banks need some time to pass on rate cut benefits.