Banks pass on rate hikes, but go slow when rates fall; RBI study finds
viaTimes of India25 Oct
A recent study by the RBI indicates that banks are more responsive to interest rate hikes than to cuts. Specifically, banks relayed 76.4% of repo rate increases, while only 64% of reductions were passed on. Amid periods of tightening, lending rates surged significantly, in contrast to the minimal…
Khabar Adda curates headlines like this across Top Stories, Entertainment, Bollywood, Hollywood, Crime and Politics from public RSS feeds. This page links out to Times of India's own reporting rather than reproducing it — the excerpt above comes from Times of India's own feed.
Read the full story on Times of India ↗