The Reserve Bank of India (RBI) is expected to cut repo rate by 25-50 basis points (Bps ... neither does it promise any assured returns. In case you are approached by anyone making such claims ...
observed that while the transmission of the repo rate cut to EBLR and hence some of the retail asset classes is seamless, it is not so in the case of deposit rates. “Deposit rates are a function ...
which is the repo rate in the case of most banks. Hence, any changes in repo rate directly affect the interest rates on these loans. As a result, banks are required to pass on the full benefit of ...