Bright prospects of reduction in lending interest rates after 7th April!
Posted on: 12/Mar/2015 12:23:26 PM
It is understood that the banks will take a decision on reducing interest rates only after the review of finance policy by the Reserve Bank of India scheduled on 7th April.
The Chairman of Bank of India, Mr. V R Iyer, informed this news after the central finance minister Arun Jaitley’s discussions with the bank leaders.
He also informed that there are expectations whether RBI will further reduce lending interest rates after its review of finance policy.
