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 ...

The most recent change made by the Reserve Bank of India regarding homebuyers and home loan borrowers has had a significant ...

State Bank of India (SBI) has reduced its External Benchmark-based Lending Rate (EBLR) and Repo Linked Lending Rate (RLLR) by ...

The dollar/rupee near forward premiums pushed higher this week on the back of the dollar liquidity spurred by the Reserve ...

The Indian rupee logged its biggest weekly rise against the dollar in seven months, lifted by the central bank's heavy ...

This USD/INR forecast explains what to expect now that the RBI has implemented foreign exchange rate interventions ...

RBI clarified that these penalties were imposed solely for regulatory lapses and do not affect the validity of any ...

Lending and deposit rates are impacted by the repo rate drop because it reduces banks' cost of funding. Lower fixed deposit (FD) interest rates will result from a lower repo rate, and vice versa.

Muthoot said that cost of funds are likely to come off only marginally and therefore he does not expect that to translate into lower lending rate.

The US is overstretched, militarily and financially, and it can no longer take care of both a European and a Pacific front ...