When RBI increased repo rates the banks (private like ICICI) pushed the burdens on Consumers within hours of the announcement but when the same when down they reduced deposit rates within hours but loan rates remain where they were there. RBI should understand the they are using TAX PAYERS money to give these benifits and at the end of the day some capitalists like ICICI and taking the benifits out of it..
please help and have fair deal.
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