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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 ...
With fixed deposit rates closely tied to the repo rate trend, this development signals a downward path for deposit returns — especially for short- to medium-term FDs. “With two rate cuts already in ...
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 ...
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 ...
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 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 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 MPC Repo Rate Cut: With the RBI deciding to reduce repo rate by 25 bps, experts urge homebuyers to ensure income stability before investing in a house The Reserve Bank of India (RBI ...
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 ...
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.
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 ...
The Reserve Bank of India (RBI) has further reduced the repo rate to 6% following the first Monetary Policy Committee meeting of FY26. This second consecutive rate cut aims to control inflation ...