Taking a loan? Good! Depositing your money in banks? Probably bad! RBI rate cut DECODED!

Generally, RBI repo rate cut means good news for borrowers, but it also scripts a bad case for depositors.

Taking a loan? Good! Depositing your money in
All members of MPC unanimously voted to reduce the policy repo rate and to maintain the accommodative stance on the monetary policy. Photo: Reuters

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x