RBI expected to cut rates on December 5 ...Middle East

A majority of economists polled by TOI expect the RBI to cut its repo rate — at which the regulator lends to banks — by 25 basis points (100bps = 1 percentage point) to 4.9%. A cut in the repo rate would, however, be immediately transmitted to retail borrowers as the RBI has forced banks to link loans to an external benchmark instead of a self-determined reference rate.

Hence then, the article about rbi expected to cut rates on december 5 was published today ( Monday 02/12/2019 - 03:45 AM ) and is available on The Times of India ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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Last updated : 02 Dec 2019 clock 03:45 AM

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