The RBI’s recent repo rate cut to 6.25% is expected to lower borrowing costs for personal and home loan borrowers. Several ...
5 天
ABP News on MSNRBI Likely To Cut Repo Rates By 50-75 Bps In Upcoming MPC Meeting: ReportThe Reserve Bank of India (RBI) is expected to reduce benchmark rates by 50-75 basis points (bps) in 2025-26 to stimulate ...
and the Repo-Linked Lending Rate (RLLR). In 2019, the RBI mandated that all banks link new loans to external benchmarks, as banks were not fully passing on rate cut benefits to borrowers.
They say all good things come to those who wait and when the Reserve Bank of India (RBI) announced its sixth bi-monthly ...
6 天on MSN
After the RBI repo rate cut, banks such as SBI, Canara Bank, PNB, and Union Bank among others have cut their repo linked ...
AU Small Finance Bank (AU SFB) has reduced its fixed deposit (FD) interest rates for senior citizens by 10 basis ...
Since Sanjay Malhotra took office as governor in December, the Reserve Bank of India (RBI) has adopted a more accommodative ...
A few banks may make a move, but most will likely wait until the next quarter before deciding on deposit rate cuts," he said. February 7 Sanjay Malhotra, the new RBI Governor, indicated a repo ...
12 天
Press Trust of India on MSNModeration in inflation creates policy space for RBI to cut rates: NCAERModeration in inflation to five-month low of 4.3 per cent in January has provided RBI more space to cut interest rate in ...
India’s inflation fell to 4.31 per cent in January from 5.22 per cent, approaching the RBI’s 4 per cent target after four ...
9 天
Asian News International on MSNTax relief in Budget, RBI repo rate cut should keep domestic demand resilient: ReportIndias domestic demand is expected to remain resilient, supported by the personal income tax concessions announced in the ...
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