India's domestic demand is expected to remain resilient, supported by the personal income tax concessions announced in the 2025 Union budget and the repo rate cut initiated by the Reserve Bank of ...

The official interest rate is the repo rate. This is the rate at which central banks lend or discount eligible paper for deposit money banks, typically shown on an end-of-period basis. The South ...

In recent months, the central bank has shifted its policy approach, reducing reliance on the MLF as its primary tool and increasingly using the seven-day reverse repo rate to guide market ...

The Monetary Policy Committee (MPC), led by Governor Sanjay Malhotra, in his first monetary policy review, announced a 25-basis point rate cut to bring down the benchmark repo rate to 6.25% ...

Early this month, the Reserve Bank of India (RBI) cut its repo rate to 6.25 percent. Following this, a few banks have followed suit. A couple of banks have cut their interest rates on term ...

The RBI, after a gap of five years, announced a reduction in the repo rate by 25 bps to 6.25%. A dip in the repo rate can lead to lower interest rates on loans, thereby making loans cheaper, and vice ...

Following its February policy meeting, the RBNZ announced another 50 basis points (bps) cut to the Official Cash Rate (OCR) from 4.25% to 3.75%, as widely expected. OCR path projects 50 bps by mid ...

These elements together determine the final rate ... For us to benefit from a repo rate cut, banks need to lower their rates first. Since bank lending rates are linked to various tenures—one ...

SBI cuts home loan rate: Following the decision of the Reserve Bank of India (RBI) announcement to cut repo rates by 25 basis points (bps), the State Bank of India (SBI) - the country's largest ...

The SBI move, effective February 15, comes more than a week after the Reserve Bank cut the repo rate by 25 bps for the first time in close to five years. Following the downward repricing of new ...