Reactions to RBI repo rate cut
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
Home loan rates: SBI slashes EBLR, RLLR; home loans, other loans' lending rates to come down
Many banks have revised its loan rates after the Reserve Bank of India's (RBI) recent cut in the repo rate by 25 basis points ...
After RBI rate cut, this bank slashes FD interest rates by up to 65 bps
The Reserve Bank of India last week cut the repo rate from 6.50% to 6.25%, the first such reduction since 2020. According to ...
India's Central Bank Cuts Repo Rate for First Time in Nearly 5 Years
(Reuters) -The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to ...
India cuts rates for first time in nearly 5 years to boost growth as inflation eases
The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.
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What are the fixed deposit (FD) interest rates of top banks?
At ICICI Bank the interest rates range from 3% to 7.25%, depending on the tenure. For example, for a 7 to 29-day FD, the ...
Lower EMI for home loan borrowers of Canara Bank, PNB, Union Bank and others as these banks cut repo linked lending rates
The RBI decreased the repo rate by 25 basis points to 6.25%, leading many banks like Canara Bank, PNB, and Union Bank of ...
FD interest rates: These 6 banks offer highest rates on their long duration fixed deposits
Banks typically offer higher interest on their long-term deposits and lower interest on short-term fixed deposits ...
RBI's repo rate cut welcomed by bank leaders, expected to ensure liquidity while monitoring inflation
However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...
India's central bank cuts rates for the first time in nearly five years, forecasts faster growth next year
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has ...
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Personal loan interest rates: Why RBI’s repo rate matters to you
One such factor that has a significant role in determining personal loan interest rates is the Reserve Bank of India (RBI). The repo rate is the rate at which the RBI lends money to commercial banks.