How to Calculate the Repo Rate? The interest rates that commercial banks pay to the RBI or get when they put money in the RBI must be agreed upon and standardised. The repo rate is key to keeping ...

ICICI Bank on Saturday reported a standalone net profit of ₹12,630 crore for the three months through March, up 18% from the same period last year ... of India’s repo rate cuts begin to ...

Earlier this month, the Reserve Bank of India (RBI) once again opted to reduce the repo rate ... last one year. As per ANAROCK Research, Q1 2025 saw average housing prices rise by anywhere between ...

The Reserve Bank of India (RBI) is now allowing minors aged 10 years and above to open and operate savings and term deposit accounts independently. This new directive, issued on April 21 ...

Canara Bank and Indian Bank have announced reductions in their lending rates, a decision influenced by the Reserve Bank of India's (RBI) recent cut in the repo rate from ... from 9.10% to 8. ...

The rate revision comes amid similar moves by other major banks ... Flexible tenure: Options from 7 days to 10 years, with flexible payout choices—monthly, quarterly, or on maturity. Variety: Axis ...

permitted banks to allow minors above the age of 10 years to open and operate bank accounts.(Bloomberg) India's central bank, the Reserve Bank of India (RBI), announced on Monday, April 21 ...

While the RBI has cut repo rate, it is yet to completely reflect in a cut in deposit rates, which typically happens with a ...

India’s 10-year bond yields have fallen to a 40-month low of 6.37 per cent amid falling interest rates. With the RBI’s accommodative stance signalling a room for further cuts in the repo rate ... mid ...

The Reserve Bank of India (RBI) often tweaks the repo rate to influence lending costs, but if you're wondering why your loan EMI hasn't dropped even after a rate cut, you're not alone. Many ...