Repo rate cut: Banks’ NIMs to come under pressure in the short-term
RBI Governor Sanjay Malhotra during a news conference in Mumbai on Friday | Photo Credit: DHIRAJ SINGH While the 50 basis points cut in the repo rate will pressure banks’ net interest margin (NIM) in the next three-four months, the staggered cash reserve ratio cuts of 25 basis points each over four tranches, beginning September…
