This Bank Cuts FD Interest Rates By Up To 65 bps After RBI Repo Rate Reduction – Check Latest Rates
Lending and deposit rates are impacted by the repo rate drop because it reduces banks' cost of funding. Lower fixed deposit (FD) interest rates will result from a lower repo rate, and vice versa.
Lending and deposit rates are impacted by the repo rate drop because it reduces banks' cost of funding. Lower fixed deposit (FD) interest rates will result from a lower repo rate, and vice versa.
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Subhashree
Hi, This is Subhi.
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