Robust transmission of repo rate cuts to lending rates; household sector accounts for 58.6% of total bank credit

Indian banks are witnessing a significant shift as nearly two-thirds of credit now carries sub-9% interest rates, a consequence of aggressive RBI rate cuts. This trend, while…

Indian banks are offering more loans at lower interest rates. Almost two-thirds of all bank credit now has rates below 9%. This shift follows a year of aggressive rate cuts. While…

Robust transmission of repo rate cuts to lending rates; household sector accounts for 58.6% of total bank credit