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.

Repo rate cuts by the Reserve Bank of India (RBI) have a direct impact on personal loan interest rate and EMIs (Equated Monthly Installments). The interest rate at which the RBI lends to ...

RBI MPC Meeting repo rate cut: The RBI Governor announced the reduction in the repo rate by 25 basis points in the MPC meeting today. The latest repo rate cut will help the borrowers to reduce their ...

The Reserve Bank of India ( RBI) Governor Sanjay Malhotra on Wednesday announced that the central bank is reducing the repo rate by 25 basis points (bps) and this will affect home loans and their EMIs ...

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 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 ...

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 Reserve Bank of India (RBI) has today announced the repo rate cut by 25 bps to 6 per cent. Cutting the repo rate is generally seen as a signal that borrowing costs will go down, resulting in ...

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 ...

As the Reserve Bank of India (RBI) on Wednesday cut the repo rate again by 25 basis points, home loan EMIs are expected to fall. In the past two months, RBI has cut the repo by a total of 50 basis ...

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The Reserve Bank of India (RBI)’s monetary policy committee (MPC) announced a 25-basis-point cut in the repo rate from 6.25 per cent to 6 per cent. This is Governor Sanjay Malhotra’s second MPC meet, ...