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Low Borrowing Rates Are Here To Stay... At Least For Now
Low interest rates will likely continue for retail and corporate borrowers.
09 Feb 2021, 08:45 AM IST
Indian borrowers will continue to benefit from the lowest interest rates in at least a decade as the central bank continues to try and support the country’s recovery. At its review on Friday, the Indian central bank kept its policy rates at near-record lows and assured that the banking system would remain flush with funds.This will mean that borrowing rates are unlikely to rise in the near term. On the flip side, depositors may conti...
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