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 ...
Repo rate cut: Lending and deposit rates cut could happen with a lag
Experts predict slow transmission of repo rate cut to bank lending and deposit rates due to competition for resources.
Deccan Chronicle3h
Home, Car Loans Get Cheaper as Banks Cut Lending Rates
However, banks have refrained from cutting their Marginal Cost of Fund based lending rate (MCLR) which are largely offered to ...
The Financial Express5d
RBI cuts repo rate by 25 bps! Your bank will slash fixed deposit rates now? Check what top banks are offering on FDs
The Reserve Bank has cut the repo rate to 6.25% — the interest rate at which the central bank lends money to commercial banks — for the first time in nearly five years. The 25 basis points ...
Forbes India4d
What is repo rate, current repo rate, and history of RBI repo rates in India (2000 to 2025)
The Reserve Bank of India pays interest on deposits at the reverse repo rate, whereas the repo ... of Funds to arrive at the final lending rate for different tenors.
RBI's 25-bps repo rate cut: Should you go for special-rate FDs now?
February 6, the RBI cut repo rate by 25 basis points to 6.25 percent, which may impact depositors with likely lower fixed ...
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 ...
Repo rate cut to spur housing demand
Real estate developers and experts believe that the RBI’s decision to cut the repo rate after five long years will boost ...
India's central bank cuts repo rate for first time in nearly 5 years
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
Fixed deposit rates may fall after RBI cut - what investors can do now
The Reserve Bank of India (RBI) on Friday reduced the repo rate to 6.25%, marking the first cut in nearly five years. The ...
U.S. News & World Report5d
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 provide stimulus to the sluggish economy, which is projected to grow at ...