New RBI Governor Urjit Patel's arduous task: Getting banks to lower rates

New RBI Governor Urjit Patel's arduous task: Getting banks to lower rates
Zee Business
One of the biggest challenges for India`s incoming central bank chief is a problem he and his predecessor have long grappled with – how to spur stubborn state banks to cut borrowing costs more aggressively to boost the economy.

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