RBI rate cut may take several months to fully reflect on lending and deposit rates
- Posted on February 9, 2025
- By Business News Today
- 2 Views
RBI rate cut may take several months to fully reflect on lending and deposit rates
While the rate cut is intended to ease financial conditions, experts suggest the broader effect on the banking system - particularly on loans linked to the marginal cost of funds-based lending rate (MCLR) and deposits - will not be immediate, although repo-linked borrowers have immediately benefited.
