Heralding a lower interest rate regime for bank deposits in line with a total of 50 basis points rate cut by the Reserve Bank of India in two instances, government-owned Bank of India on Saturday ...

RBI reduces repo rate by 25 basis points. Kotak Mahindra Bank cuts FD rates by 15 basis points. Canara Bank lowers FD rates by up to 20 basis points. The Reserve Bank of India (RBI) has reduced ...

A reduction in the repo rate allows banks to borrow more cheaply, often leading to lower interest rates on loans for consumers and businesses. New Delhi: The Reserve Bank of India (RBI ...

MUMBAI: Home loans and other borrowings are set to get cheaper with Reserve Bank of India reducing the repo rate by 25 basis points and vowing to keep the banking system flush with surplus ...

The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist ...

Indian Bank announced a reduction in its Repo Linked Benchmark Lending Rate from 9.05 % to 8.70 % effective April 11. The RBLR is being reduced by 0.35% (35 basis points), directly reflecting the ...

The report points out that following the RBI's 25 basis point cut in repo rate in February, public sector banks reduced deposit rates by 6 basis points, and foreign banks reduced 15 basis points, ...

New Delhi: Hours after the Reserve Bank of India (RBI) announced a 25 basis points cut in the repo rate, two major public sector banks -- Bank of India and UCO Bank on Wednesday reduced their lending ...

The report points out that following the RBI's 25 basis point cut in repo rate in February, public sector banks reduced deposit rates by 6 basis points, and foreign banks reduced 15 basis points ...

The Monetary Policy Committee (MPC), consisting of three central bank members and an equal number of external members, voted unanimously to cut the repurchase or repo rate by 25 basis points to 6 ...

RBI April 9 Repo Rate Highlights: The MPC’s stance reflects cautious optimism ,says Rohit Garg, CEO and Co-Founder, Olyv The RBI’s 25 bps repo rate cut is a clear signal to support growth ...