Bank Borrowers Still Waiting as RBI Rate Cuts Take Time to Reach Their Pockets

Unknown Apr 02, 2026 950 Views

Despite the Reserve Bank of India’s (RBI) 50 basis points repo rate cut and liquidity infusion, a significant portion of borrowers have yet to see benefits due to reliance on MCLR-linked loans. The one-year median marginal cost of fund-based lending rate (MCLR) remained unchanged at 9% in A...