Thursday, August 6, 2020

What no news from RBI means for FDs, home loans

What no news from RBI means for FDs, home loansA 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 Economic Times https://ift.tt/3gzMIX0

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