%A Ranjit K Pattnaik,Jagdish Rattanani
%T Rate cuts not always the answer
%! Rate cuts not always the answer
%X In the above context, what matters is not really the reduction in the policy rate, which is a signal to the banking system, but how this signal is transmitted and carried forward to the actual rate at which banks lend to corporates. Transmission of the rate signal is critical and also crucial.
%U https://www.thebillionpress.org/columns/economy/rate-cuts-not-always-answer-1174