State Bank announced concluding monitory policy of the year. The discount rate has been retained at 10% despite the fact that inflation rate touched the target. The development has surprised the financial sector of the country and the business sector also seems unhappy. <br />Government’s borrowing from the banking sector has dropped to 276 billion rupees in the current fiscal year, whereas the central bank was repaid 287 billion rupees. <br />The interest rate in November 2013 was raised to 10% which has been retained continuously in the third monitory policy.
