RBI’s Repo rate cut by 25 bps: Why the cut and will it lead to fall in interest rates, boost investment and consumption?
The RBI's MPC, in a unanimous decision, lowered the repo rate in a bid to stimulate economic activity by making borrowing ...
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Personal Loan: 5 macroeconomic factors that affect your interest rates
If the central bank reduces the repo rate, banks will generally lower interest rates on loans. The difference between the repo rate and the interest rate of personal loans is the income for banks.