The RBI decreased the repo rate by 25 basis points to 6.25%, leading many banks like Canara Bank, PNB, and Union Bank of ...
Experts predict slow transmission of repo rate cut to bank lending and deposit rates due to competition for resources.
However, banks have refrained from cutting their Marginal Cost of Fund based lending rate (MCLR) which are largely offered to ...
RBI has reduced the repo rate by 25 basis points, providing relief to home loan borrowers. The repo rate cut could lead to ...
February 6, the RBI cut repo rate by 25 basis points to 6.25 percent, which may impact depositors with likely lower fixed ...
The Standing Deposit Facility (SDF) rate remains unchanged at 6.5 percent, as do the Marginal Standing Facility (MSF) and ...
RBI has reduced the repo rate by 25 basis points for the first time in almost five years. Retail inflation remains a concern, ...
Real estate experts feel this rate cut will have a positive impact on the overall sector, making home loans more affordable ...
One such factor that has a significant role in determining personal loan interest rates is the Reserve Bank of India (RBI). The repo rate is the rate at which the RBI lends money to commercial banks.
Real estate developers and experts believe that the RBI’s decision to cut the repo rate after five long years will boost ...
The repo rate (repurchase rate) is the interest rate at which the central bank lends money to commercial banks when there is a shortage of funds.
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