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Axis Bank Cuts Base Rates

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Axis Bank Cuts Base Rates

E
ET NOW

17 Views • Apr 14, 2016

Description

After the RBI reduced the repo rate by 25 basis points last week, Axis Bank cut its base rate and MCLR by 5 basis points on Tuesday.
ET NOW caught up with Shika Sharma, MD and CEO of Axis Bank to understand the rationale behind these cuts. Listen in.