Wednesday, August 5, 2020

RBI keeps repo rate unchanged: What this means for FD investors, home loan borrowers

A status quo on rates could be good news for fixed deposit investors as banks have been continuously cutting rates on deposits for more than a year now. For borrowers though, a pause on rate cuts by the apex bank could mean that banks too will pause cutting interest rates on loans.

from Personal Finance News-Wealth-Economic Times https://ift.tt/3gzMIX0

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