The Reserve Bank of India (RBI) is expected to implement a total rate cut of 75 basis points (bps) in the current fiscal year, according to a report by The Economic Times.
The cuts are likely to be executed in three phasesโ25 bps each in April, Jun
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Soumyadip Dey
Hesitation is Defeat...ย โขย 1m
Balance is not always 50:50.
It sometimes 30:70
Maybe 60:40
Even 20:80
Or 34.73:65.27
It's more about doing the most important things more efficiently (even sometimes that one thing only) rather than doing everything equally.
6 replies3 likes
Investo
Building a startupย โขย 1m
*RBI cuts Repo Rate by 25 bps to 6.25% โ the first rate cut in 5 years!*
โ Boost for economic growth
โ Lower borrowing costs
โ Positive for markets & businesses