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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 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.
Yes Bank has lowered FD rates by 25 basis points on deposits maturing between 12 and 24 months. PNB, Canara Bank adjust FD rates too Punjab National Bank (PNB) offers FD interest rates ranging from ...
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 ...
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 ...
Following last week’s 25 basis point cut (bps) in the repo rate by the Reserve Bank of India (RBI), certain banks, including State Bank of India (SBI), Bank of India, and Indian Bank, have reduced ...
Mumbai: The Maharashtra Cabinet, chaired by the Chief Minister Devendra Fadnavis, on Tuesday, had approved an interest rate of 1 per cent above the repo rate in the case of delay in the payment of ...
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