Bank FD Interest Rates Expected To Come Down After RBI Cuts Repo Rate By 25 bps – News18
Last Updated:February 07, 2025, 13:01 IST Banks tend to lower the interest rates on FDs when the RBI decreases its short-term lending rate, popularly known as ‘repo rate’, and vice-versa. Repo Rate Cut Impact On FD Interest Rates. Even as the RBI MPC on Friday cut the repo rate for the first time in nearly…
