According to RBI Bulletin, the weighted average loan speed (Walr) on fresh and outstanding rupid sessions of planned commercial banks fell with 79 BPS and 31 BPS respectively. | Photocredit: Getty images The passage of the cumulative 100 basic points (BPS) reduced loans and deposit rates in the Repo rate in February 2025 to June […]
Mumbai: RBI wants to introduce interest rate as rules for non-bank financing companies that are comparable to those banks rule. The aim is to improve how changes in monetary policy go to borrowers and to make loan prices more transparent.From now on, when RBI changes its Benchmark Repo rate, banks quickly pass on the changes […]