Banks Make Shock Move, Signals of Looming Economic Storm | Daily Pulse Ep 55 – altnews.org

Banks Make Shock Move, Signals of Looming Economic Storm | Daily Pulse Ep 55 – altnews.org

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Banks Urged to Pass RBI’s Rate Cut Benefits to Borrowers; Cheaper Loans on the Horizon for Home and Vehicle Buyers - PUNE PULSE

The Reserve Bank of India’s recent decision to slash the repo rate by 0.50% is expected to bring welcome relief to borrowers across the country. However, despite the central bank’s move, many lenders have only reduced their interest rates slightly, leaving loan costs still relatively high for consumers. The RBI has emphasized the need for