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 ...

You can receive the money in your bank account by completing three easy steps— finalise your loan offer, complete e-KYC and set up the EMI payment. As the repo rate has come down the banks will ...

Having commenced the easing cycle by cutting the benchmark repo rate by 25 basis points (bps) in its latest monetary policy committee (MPC) meeting, the Reserve Bank of India (RBI) will likely cut ...

With the Reserve Bank of India (RBI) slashing the repo rate by 25 basis points to 6.25 per cent, interest rates on fresh loans are likely to decline. Notably, today's repo rate cut was the first ...

ICICI Bank reports a 15% profit surge with strong metrics like CASA ratio and low NPAs. See how the Indian central bank's ...

Till then, they will continue to service their loan as per their existing rates. A lower repo rate means banks can borrow funds at a lower cost from the central bank and are expected to pass on ...

Tax relief measures and those relating to start-ups, MSMEs and exports in the Budget, and policy rate cut by the RBI, should ...

Mumbai: Reserve Bank of India on Friday cut the repo rate by 25 basis points, ending the longest pause in the history of the monetary policy framework, a move which is expected to make loans cheaper.

NEW DELHI: The Reserve Bank of India's (RBI) six-member Monetary Policy Committee (MPC) on Friday cut the repo rate by 25 basis points to 6.25 per cent. This comes after last rate reduction in May ...

Kolkata: Developers in Kolkata are eyeing a major boost in affordable home sales following the repo rate cut by the Reserve Bank of India, which will see a reduction in equated monthly instalments ...

The RBI has lowered the repo rate to 6.25%, signalling the start of a policy easing cycle. With inflation moderating and fiscal consolidation on track, the move is expected to support growth ...

The Reserve Bank of India's (RBI) decision to cut the repo rate by 25 basis points to 6.25 percent has garnered positive feedback from banking leaders across the sector. Despite a neutral stance ...