The move is expected to boost sectors such as real estate, which depends heavily on loans for its consumers to make a ...
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
The Indian rupee strengthened on Friday after struggling for most of the week as global markets were jolted by fears of a ...
It usually takes some time for customers to see these benefits of RBI rate cuts, although a few loans that are directly ...
While the rate cut is intended to ease financial conditions, experts suggest the broader effect on the banking system - ...
The Reserve Bank of India will conduct a 49-day variable rate repo for Rs 75,000 crore ($8.63 billion) on Friday, it said ...
By cutting rates, the RBI sends a message that it is ready to support growth, confident that the worst of inflation is over.
If you’re on a fixed rate, you might want to evaluate if switching to a floating rate makes sense, depending on market ...
SBI Chairman CS Setty confirmed lending rate revision after RBI’s 25 bps repo rate cut. However, deposit rates may not ...
RBIs 25-bps rate cut, its first in five years, pressures private banks' NIMs while public banks remain stable. NBFCs may see ...
The RBI decided to stick to its “neutral” stance, acknowledging that the global atmosphere remains uncertain due to evolving ...
The Reserve Bank of India announced a 25 basis point cut in the repo rate, now at 6.25%, the first reduction in five years.