New Delhi, Dec. 29 -- Responding to concerns over Indian exporters facing pressure from US tariffs, Reserve Bank of India (RBI) Governor Sanjay Malhotra said the central bank has been providing support to sectors adversely affected by external developments.
In an interview with India Today, he noted that the RBI has rolled out a series of relief measures, including loan moratoriums, to ease stress in impacted segments.
Rate Transmission Largely Effective
On monetary policy transmission, Malhotra said the RBI is broadly satisfied with the pass-through of interest rate cuts to borrowers, while acknowledging that some scope for improvement remains.
Against a cumulative 100 basis points reduction in policy rates implemented earlier, data ...
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