IndiaInsurance
16th December 2021, 02:18 PM
https://img.etimg.com/photo/88315917.cms (https://economictimes.indiatimes.com/wealth/save/good-news-for-fd-investors-bad-news-for-borrowers-is-this-the-start-of-the-end-of-low-interest-rate-regime/articleshow/88315917.cms)This base rate hike is unlikely to remain limited to base rate only as we may soon see other benchmark rates like MCLR and external benchmark being hiked as well going forward. SBI being the market leader, other banks are likely to follow suit and raise their lending rates in coming days.
More... (https://economictimes.indiatimes.com/wealth/save/good-news-for-fd-investors-bad-news-for-borrowers-is-this-the-start-of-the-end-of-low-interest-rate-regime/articleshow/88315917.cms)
More... (https://economictimes.indiatimes.com/wealth/save/good-news-for-fd-investors-bad-news-for-borrowers-is-this-the-start-of-the-end-of-low-interest-rate-regime/articleshow/88315917.cms)