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6 Ways In Which RBI Rate Cut Will Effect Everyone

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  • 6 Ways In Which RBI Rate Cut Will Effect Everyone

    In New Delhi Reserve Bank of India governor Raghuram Rajan brought down its key policy rate by 25 basis points citing that the fiscal consolidation was better than what numbers show and that the combined fiscal deficit is much lower due to the government transferring more funds to the states.
    1. EMIs to come down
    2. Improved market sentiment
    3. Banks to gain
    4. Corporates to benefit too
    5. Companies can raise equity
    6. Economy growth to get momentum

  • #2
    Good move by RBI and it's really good news our economy has been improving and hope bank will share these benefits with customers. This dose comes out within a week after budget.

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    • #3
      This will have a positive impact on the Indian economy, as banks will lower their lending rates. Now car and home loans are set to become cheaper. Controlling the inflation and reducing the loan amount will encourage the customers to invest in the sector and higher participation will increase the volumes.
      Neha Rani
      Success doesn't come to u , U Go To It....

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