RBI initiated a rate-cutting cycle in Feb, reducing the repo rate by 25 basis points, but most banks have not lowered deposit rates significantly. Home loan borrowers have benefitted, but depositors have seen limited impact, with weighted average domestic term deposit rates at an eight-year high. The central bank is expected to announce another 25 basis point repo rate cut, but transmission to banks’ cost of funds may be delayed due to changing depositor behavior and liquidity pressures.
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Accusers praise NFL’s sexual misconduct probe; Justin Tucker accepts suspension
In a significant development for the 2025 NFL offseason, former Baltimore Ravens kicker Justin Tucker accepted a 10-game suspension related to sexual misconduct accusations from 16 women, despite not publicly defending himself. The NFL's investigation was praised by the accusers' attorneys for its thoroughness, but Tucker's decision to accept the suspension without challenge has raised questions about the evidence behind the allegations. Explain It To Me Like I'm 5: Former NFL kicker Justin Tucker has...
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