RBI rate cuts partly passed on to borrowers in FY26, lending rates fall but not fully: Report

RBI's repo rate cuts in FY26 were only partially passed on to borrowers, with lending rates declining but not matching the full policy reduction. While weighted average lending rates fell by 93 basis points, the transmission varied across bank types and loan segments, leading to estimated borrower savings of Rs 19,000 crore.

from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/JRN5IrZ
via IFTTT

Comments

Post a Comment

Popular posts from this blog

RBI cancels licence of Rajasthan-based Sumerpur Mercantile Urban Coop Bank

The RBI has cancelled the licence of Sumerpur Mercantile Urban Cooperative Bank in Pali, Rajasthan, due to inadequate capital and earning prospects. Depositors will receive deposit insurance claim amount up to Rs 5 lakh from DICGC. As on November 30, 2023, DICGC has already paid Rs 45.22 crore of the total insured deposits based on the willingness received from the depositors concerned of the bank. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/PEzW9QB via IFTTT
Read more