Four public sector banks cut lending rates after RBI move |...

Dununu.com Dununu

Sponsored

Four public sector banks cut lending rates after RBI move

RSS Feed Business

Posted

128

Following the RBI's repo rate cut, public and private sector banks are adjusting lending rates. Existing borrowers with floating-rate loans are poised to benefit more due to automatic rate reductions. Banks are tweaking spreads on home loans and may lower fixed deposit returns to protect profitability, potentially impacting new borrowers and savers.

Read Full Article

Please log in to like, share and comment!

NCRTC plan: Rail body begins sourcing power via exchange for Ghaziabad station; eyes Rs 1 crore cut in annual energy bill from first drawl point

NCRTC has initiated electricity procurement through the power exchange for its Ghaziabad RSS,...

By 0 8

Lenskart IPO: Shareholders approve Rs 2,150 crore initial public offering; DRHP filing likely soon, says report

Lenskart's IPO plans have been formally approved by shareholders, paving the way for a stock...

By 0 8

Czech Republic president meets Dalai Lama in Ladakh

By 0 11

Second airport backed by Abu Dhabi inaugurated in the Maldives with AED 330.5 million investment

The Maldives today inaugurated the upgraded Velana International Airport, supported by Abu Dhabi...

By 0 11

'We have reached a deal...': Donald Trump announces US-EU trade agreement; says 'good deal for everybody' after talks with EU chief

Donald Trump and Ursula von der Leyen announced a trade deal between the US and EU, aiming to...

By 0 16