https://www.taxtmi.com/news?id=2225 The central bank raised the repo policy rate repeatedly to contain inflation, prompting banks to increase Base Rates/BPLRs and deposit rates; this transmission raises EMIs for floating rate borrowers while higher deposit costs can offset bank profitability. The government provides targeted interest subvention to certain sectors to mitigate credit cost impacts. en-us Wed, 07 Sep 2011 19:06:40 +0530 Wed, 07 Sep 2011 19:06:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=2225 The central bank raised the repo policy rate repeatedly to contain inflation, prompting banks to increase Base Rates/BPLRs and deposit rates; this transmission raises EMIs for floating rate borrowers while higher deposit costs can offset bank profitability. The government provides targeted interest subvention to certain sectors to mitigate credit cost impacts. News - Wed, 07 Sep 2011 19:06:40 +0530 https://www.taxtmi.com/news?id=2225