The Reserve Bank of India (RBI) will pour in 2.50 trillion rupees ($28.85 billion) through an overnight variable rate repo ...
SBI Chairman CS Setty confirmed lending rate revision after RBI’s 25 bps repo rate cut. However, deposit rates may not ...
With the recent 25 bps reduction in the repo rate, banks are expected to lower home loan rates for both new and existing ...
By cutting rates, the RBI sends a message that it is ready to support growth, confident that the worst of inflation is over.
RBI’s 25-bps rate cut, its first in five years, pressures private banks' NIMs while public banks remain stable. NBFCs may see ...
February 6, the RBI cut repo rate by 25 basis points to 6.25 percent, which may impact depositors with likely lower fixed ...
The move is expected to boost sectors such as real estate, which depends heavily on loans for its consumers to make a ...
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
Experts say that borrowers with repo rate-linked loans will see an immediate or near-term reduction, while those with ...
The central bank’s MPC, headed by new RBI Governor Sanjay Malhotra, slashed the repo rate by 25 bps to 6.25 per cent from ...
EMIs on home and vehicle loans will come down, making it easier for individuals to repay their debts. A lower repo rate makes ...
If you’re on a fixed rate, you might want to evaluate if switching to a floating rate makes sense, depending on market ...