Wednesday 16 February 2022

Interest rates are unlikely to go any lower, signals RBI

The RBI’s statement that the pass-through of rates is complete means that banks have used all headroom for lowering interest rates. As the next interest rate revision by the central bank is expected to be a rate hike, it means this is as good as it gets for borrowers. Via Times of India https://ift.tt/rKt2ESj

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