While a 25 bps repo rate cut usually squeezes bank margins by 8–9 bps in the first year, IIFL’s Rikin Shah expects recent savings rate cuts to soften the hit to around 5–6 bps.
While a 25 bps repo rate cut usually squeezes bank margins by 8–9 bps in the first year, IIFL’s Rikin Shah expects recent savings rate cuts to soften the hit to around 5–6 bps.