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.
RBI data suggest that during the tightening period, the transmission on fresh deposits and loans was higher for state-owned ...
The term "reverse repo rate" refers to the interest rate that is paid on deposits. The Reserve Bank of India pays interest on deposits at the reverse repo rate, whereas the repo ...
However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...
RBI Cuts Repo Rate for the First Time in Five Years Reserve Bank of Indias Monetary Policy Committee decided to reduce the ...
Test your knowledge on the RBI’s repo rate with these GK questions and answers! Learn about the latest RBI rate cut, and its ...
From February 2 to 8, significant events occurred, including the BJP’s victory in the Delhi Assembly Elections and the RBI’s ...
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 ...
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