News

Refinance Rates Reverse Course Again, Dipping to Lower Average
Refi rates have surged, retreated, and risen back up in April. But Wednesday brought some relief with a downtick, with rates ...
The Hindu14d
Indian Overseas Bank cuts repo-linked lending rate by 25 bps
Indian Overseas Bank has decided to reduce its repo-linked lending rate (RLLR) by 25 basis points from 9.10% to 8.85% effective April 12. This follows the Reserve Bank of India’s monetary policy ...
The Financial Express14d
THESE 4 PSU banks cut lending rates following RBI’s repo rate announcement
Punjab National Bank (PNB) has cut its rate from 9.1% to 8.85%, effective from April 10, 2025. There are no changes to the bank’s existing marginal cost of funds-based lending rate (MCLR) and ...
Business Today15d
Indian Bank, PNB, Bank of India lower repo-linked lending rates affecting home loan rates
The Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points, prompting several Indian banks to adjust their repo-linked lending rates (RLLR). This move is set to benefit home loan ...
Businessworld15d
Indian Bank, PNB, Bank Of India Cut Lending Rates After RBI Repo Reduction
Repo-linked rates lowered by 25 basis points and changes apply to home, personal and retail loans Following the Reserve Bank of India’s 25 basis point cut in the repo rate on Wednesday ...
Indiatimes15d
Fixed deposit investors take note! Lock in high interest rate FDs before returns fall as RBI cuts repo rate
With the RBI reducing repo rates, fixed deposit interest rates are expected to fall. Experts advise investors to act quickly and lock in higher rates, especially in longer-term FDs, to maximize ...
ET Auto16d
RBI repo rate cut: What it means for auto sector?
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 ...
The Tribune16d
Repo rate cut
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 ...
The Hindu16d
Indian Bank slashes repo-linked benchmark rate
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 ...
Zee Business16d
Banks likely to reduce interest rates after RBI's repo rate cut: SBI report
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, ...
NDTV16d
Banks Likely To Reduce Interest Rates After RBI's Repo Rate Cut: Report
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 ...