RBI Repo Rate Cut to Improve Credit Affordability, Boost Big Purchases
The move is expected to boost sectors such as real estate, which depends heavily on loans for its consumers to make a ...
Good news for SBI home loan borrowers: EMIs to fall as the bank reduces the lending rates
State Bank of India (SBI) has reduced its External Benchmark-based Lending Rate (EBLR) and Repo Linked Lending Rate (RLLR) by ...
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 ...
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 ...
The Financial Express7d
RBI cuts repo rate by 25 bps! Your bank will slash fixed deposit rates now? Check what top banks are offering on FDs
The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...
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 ...
NewsX8d
What Is Repo Rate And How Does It Impact? RBI Cuts Interest Rates, Repo Rate Reduced By 25 bps To 6.25%
In addition to the repo rate cut, the Standing Deposit Facility (SDF) and Marginal Standing Facility (MSF) rates have also ...
RBI cuts repo rate: SBI Chairman reveals when banks may reduce deposit rates
SBI Chairman CS Setty confirmed lending rate revision after RBI’s 25 bps repo rate cut. However, deposit rates may not ...
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 ...
Repo rate-linked loans drop fast, but MCLR and new loans may lag—when will your home loan EMI fall post RBI rate cut?
With the recent 25 bps reduction in the repo rate, banks are expected to lower home loan rates for both new and existing ...
How FD Investors Can Maximize Returns After RBI’s Repo Rate Cut
Recently, the Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points to 6.25 per cent from 6.50 per cent, ...
This Bank Revises Savings Account Interest Rates Post RBI Repo Rate Cut
The interest rates on savings accounts have been drastically reduced by RBL Bank, according to the banks official website.