After RBI's rate cut, when will banks cut deposit rates? Here's what SBI Chairman CS Shetty says
The Reserve Bank of India's Monetary Policy Committee (MPC) has decided to cut the policy repo rate by 25 basis points, from 6.5 percent to 6.25 percent. India's largest lender State Bank of India will see a decline in its lending rates linked to an external benchmark (EBLR) this month itself, said Chairman CS Shetty.
While borrowers may expect their equated monthly installments (EMIs) to drop, many banks typically prefer to keep the EMI the ...
However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...
Test your knowledge on the RBI’s repo rate with these GK questions and answers! Learn about the latest RBI rate cut, and its ...
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Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which ...
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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