Banks yet to react to policy rate cut | The Times Group: Commercial banks in the country are yet to lower their base lending rates, a week after the Reserve Bank of Malawi (RBM) affected a policy rate cut.
Borrowers from commercial banks and other micro finance institutions expected to heave a sigh of relief following the slash in the policy rate — a key driver of interest rates on loans — last week.
Business and Economic News from Malawi
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