RBI cuts repo rate: SBI Chairman reveals when banks may reduce deposit rates
SBI Chairman CS Setty confirmed lending rate revision after RBI’s 25 bps repo rate cut. However, deposit rates may not decrease immediately as banks assess credit demand. Know more on how RBI’s monetary policy impacts deposit and lending rates.
February 6, the RBI cut repo rate by 25 basis points to 6.25 percent, which may impact depositors with likely lower fixed ...
EMIs on home and vehicle loans will come down, making it easier for individuals to repay their debts. A lower repo rate makes ...
RBI Cuts Repo Rate for the First Time in Five Years Reserve Bank of Indias Monetary Policy Committee decided to reduce the ...
However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...
According to experts, investors who have invested in debt mutual funds may benefit from some significant tax-saving changes ...
Reserve Bank of India on Friday cut the repo rate by 25 basis points, ending the longest pause in the history of the monetary ...
Recently, the Reserve Bank of India has cut the repo rate to 6.50 per cent after leaving it unchanged for 11 consecutive ...
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