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 ...
In addition to the repo rate cut, the Standing Deposit Facility (SDF) and Marginal Standing Facility (MSF) rates have also ...
The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...
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Home Loan: Home loan became cheaper, 6 banks reduced interest rates; Is your bank also included in these?RBI had cut the repo rate. Now 6 big banks in the country have reduced the interest rate on home loans. These include big ...
With the recent 25 bps reduction in the repo rate, banks are expected to lower home loan rates for both new and existing ...
The interest rates on savings accounts have been drastically reduced by RBL Bank, according to the banks official website.
SBI Chairman CS Setty confirmed lending rate revision after RBI’s 25 bps repo rate cut. However, deposit rates may not ...
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
February 6, the RBI cut repo rate by 25 basis points to 6.25 percent, which may impact depositors with likely lower fixed ...
However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...
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, ...
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