Lenders to get 10-15 bps margin gains from rate hike: Report

The 364-day T-bills have moved up 120 bps and 10-year G-sec by 140 bps since May 2020, when the repo rate was cut to a record 4 per cent, which led to an expectation of a faster and sharper rise in interest rates in the system but the central bank stayed the course to support the fragile economy battered by the pandemic.

from Banking/Finance-Industry-Economic Times https://ift.tt/YCgSjQl