The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...
The RBI's recent 0.25 percentage point cut in the repo rate is under close government scrutiny to ensure banks pass this ...
The repo rate, till now, stood at 6.5 per cent. The move comes barely a week after the Centre cut personal income tax to ...
However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...