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Deposit rates fall as RBI slashes lending rate by 100 bps to 5.5% since Feb
June 20, 2025
|The New Indian Express
WITH the Reserve Bank slashing the key lending rate by 100 bps to 5.5% since February, the cost of funds in general, especially for depositors, has been on a southward-ho.
It's not that borrowers haven't benefitted, they did, especially those on repo-linked floating rates, but not to the extent of the loss of depositors. Analysts see more downward pressure on pricing of term deposits, even as the savings bank deposit rates have hit the rock bottom at 2.5% at largest lender SBI.
هذه القصة من طبعة June 20, 2025 من The New Indian Express.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
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