A majority of economists polled by TOI expect the RBI to cut its repo rate — at which the regulator lends to banks — by 25 basis points (100bps = 1 percentage point) to 4.9%. A cut in the repo rate would, however, be immediately transmitted to retail borrowers as the RBI has forced banks to link loans to an external benchmark instead of a self-determined reference rate.
from The Times of India https://ift.tt/2r5h27l
Subscribe to:
Post Comments (Atom)
-
With an increase in the number of individuals who want to work at their own pace in their own convenience, heading to the office for work no...
-
Liverpool finish fourth, Swansea are relegated and Tottenham win a nine-goal thriller on the final day of the Premier League season. from ...
-
One person’s recent experience at an Airbnb has the company apologizing and clarifying its rules on surveillance devices. Airbnb recently...
No comments:
Post a Comment