The RBI decreased the repo rate by 25 basis points to 6.25%, leading many banks like Canara Bank, PNB, and Union Bank of ...

State Bank of India (SBI) has reduced its External Benchmark-based Lending Rate (EBLR) and Repo Linked Lending Rate (RLLR) by ...

February 6, the RBI cut repo rate by 25 basis points to 6.25 percent, which may impact depositors with likely lower fixed ...

However, banks have refrained from cutting their Marginal Cost of Fund based lending rate (MCLR) which are largely offered to ...

NEW DELHI: The Reserve Bank of India's (RBI) six-member Monetary Policy Committee (MPC) on Friday cut the repo ... loan rates become more attractive which combined with the earlier announced tax ...

The central bank’s MPC, headed by new RBI Governor Sanjay Malhotra, slashed the repo rate by 25 bps to 6.25 per cent from ...

The Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points (bps) to 6.25%, marking the first rate cut in five years since May 2020. This decision was made during the sixth and ...

Usually, a reduced repo rate set by the central bank helps the real estate sector. However, most banks will only reflect ...

The RBI's recent repo rate cut signals the end of high fixed deposit (FD) interest rates. Discover how FD investors can take ...

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.

A lower repo rate means banks can borrow funds at a lower cost from the central bank and are expected to pass on the lower cost to the borrowers. Speaking at the Monetary Policy Press conference ...