The Reserve Bank of India (RBI) on April 9, 2025, cut the repo rate by 25 basis points (bps), bringing it down from 6.25 per cent to 6 per cent during the meeting of the Monetary Policy Committee ...

Turkey's central bank hiked its key interest rate by 350 basis points to 46% on Thursday, in a surprise move that reversed an ...

Several banks, including SBI, BOI, HDFC Bank, and Yes Bank, have reduced their fixed deposit (FD) interest rates after the Reserve Bank of India (RBI) cut the repo rate by 25 basis points to 6%. Axis ...

At the April Monetary Policy Committee meeting, the Central Bank of Turkey (CBT) hiked its policy rate by 350bp to 46% and ...

Following RBI's repo rate cut, SBI has also reduced its EBLR, or external benchmark lending rate, and RLLR (repo-rate linked lending rate). This will be effective April 15, 2025. While MCLR rates ...

The repo rate is the Reserve Bank of India’s magic wand—a powerful tool that influences everything from your loan EMI to how expensive your groceries are. Let’s break it down: “Repo rate ...

RBI Repo Rate: Meanwhile, private sector major HDFC Bank has lowered interest rate on savings accounts by 25 basis points to 2.75 per cent which is the lowest among peers in the private sector.

The RBI's Monetary Policy Committee (MPC) on April 9 announced a 25-basis-point (bps) cut in the repo rate, reducing it from 6.25 per cent to 6 per cent. This marked the second consecutive rate ...

The Reserve Bank of India (RBI) will likely cut repo rate by up to 100 basis points (bps) more in the current easing cycle, economists say. The RBI, under Governor Sanjay Malhotra, has cut repo ...

Days after the Reserve Bank of India (RBI) slashed the repo rate by 25 basis points (bps), banks, including the State Bank of India (SBI), have announced deposit rate cuts on select maturities. This ...

Major banks have cut their lending and deposit rates following Reserve Bank of India’s (RBI) 50 basis points cut in repo rate in 2025. The largest private sector bank HDFC Bank cut its deposit ...