homefinance NewsMoney Matters: Why aren't banks lending?

Money Matters: Why aren't banks lending?

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By Latha Venkatesh  Sept 14, 2020 5:05:48 PM IST (Updated)

Listen to the Article(6 Minutes)
For the past many months, banks have been parking about Rs 6 lakh crore to Rs 7 lakh crore on a daily basis with the Reserve Bank of India (RBI) for an overnight period for just 3.35 percent. This has drawn a lot of criticism, with experts questioning banks as to why they aren’t lending loans instead of parking money for such a low interest rate?

CNBC-TV18’s Latha Venkatesh explains what the reality is on 'Money Matters'.
Professor Ananth Narayan has explained this concept in detail on www.cnbctv18.com. Read here:
To watch other videos in this series, click the Money Matters tab below.

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