12-07-2022 12:53 PM | Source: LKP Securities
As expected, RBI has increased repo by 35bps to 6.25% Says Ajit Kabi, LKP Securities
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Below Quote on Repo rate hike By Ajit Kabi, Banking Analyst at LKP Securities
"As expected, RBI has increased repo by 35bps to 6.25%. The banks may witness uptick in yields as loan repricing will be sooner than repricing of deposits. Moreover, increasing share in Floating rate loans is likely to keep the NIMs intact."
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