While the banking sector struggled with its lowest deposit growth in years, a few private banks managed to thrive in 2024. By leaning into digital innovation, earning public trust, and staying true to ...

Chandigarh: Students getting admitted to the MBBS courses at the government medical colleges in Haryana will have to undergo ...

Retail inflation in India dipped to 3.34% in March, a nearly 6-year low, driven by falling vegetable and protein prices. The ...

Net profit of 19 listed banks is likely to decline by 4 per cent year-on-year (Y-o-Y) for the quarter ended March (Q4FY25) mainly due to pressure on net interest margins (NIM) as a result of rate cut ...

State Bank of India (SBI) reduces lending rate by 25 basis points following RBI's repo rate cut, making loans cheaper for borrowers. FD rates also revised.

Repo-linked lending rate (RLLR) is the interest rate at which banks extend loans to customers, based on the repo rate set by RBI. The term “repo-linked lending rate” refers to an interest rate that is ...

RBI reduces repo rate by 25 basis points. Kotak Mahindra Bank cuts FD rates by 15 basis points. Canara Bank lowers FD rates by up to 20 basis points. The Reserve Bank of India (RBI) has reduced ...

RBI Cuts Repo Rate By 25 Bps: Interest rates on home, personal, vehicle loans and deposit rates are set to come down in the coming days with the Reserve Bank of India’s (RBI) six-member Monetary ...

RBI's 25 basis point repo rate cut to 6 aims at boosting India's economy amid US tariff pressures. Lower borrowing costs benefit consumers with cheaper loans, though savers may face reduced returns.

Hemant Jain, President of PHDCCI, said the rate cut, combined with the accommodative stance, is well-timed and aligned with macroeconomic needs. “The MPC’s announcement to reduce the policy repo rate ...

A reduction in the repo rate allows banks to borrow more cheaply, often leading to lower interest rates on loans for consumers and businesses. New Delhi: The Reserve Bank of India (RBI ...

The rate setting panel also changed the monetary policy stance from neutral to accommodative – signalling further reductions in the repo rate. The MPC has also decided to slash the GDP growth to ...