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Following RBI's repo rate cut, SBI has also reduced its EBLR, or external benchmark lending rate, and RLLR (repo-rate linked lending rate). This will be effective April 15, 2025. While MCLR rates ...
The adjustments reflect HDFC Bank's strategic response to broader economic conditions and market dynamics. For fixed deposits ...
Nomura said that the RBI MPC is expected to take go for a 100 bos additional rate cut by end-2025. The RBI, in the April ...
The Reserve Bank of India (RBI) will likely cut repo rate by up to 100 basis points (bps) more in the current easing cycle, ...
Most of the public sector banks are currently giving interest rates ranging from 2.7% to a maximum of 2.9% on savings accounts. Big banks like State Bank of India (SBI), Punjab National Bank (PNB), ...
The Reserve Bank of India ’s (RBI’s) rate setting panel decided to cut the repo rate by another 25 basis point bringing it ...
HDFC Bank, India's largest private sector lender, has cut interest rates on savings accounts by 25 basis points to 2.75% to ...
Major banks have cut their lending and deposit rates following Reserve Bank of India’s (RBI) 50 basis points cut in repo rate in 2025. The largest private sector bank HDFC Bank cut its deposit ...
The bank's repo-linked lending rate (RLLR) has now been reduced from 9.05 per cent to 8.80 per cent. State-owned Bank of Maharashtra (BoM) has announced reduction in lending rate linked to repo ...
In its April monetary policy, the RBI cut the repo rate by 25 basis points—the second reduction in a row—to stimulate ...
Mumbai:Following the Reserve Bank of India’s (RBI) repo rate cut, the country's largest lender State Bank of India (SBI) has reduced its lending rate by 25 basis points making home, auto and ...
As inflation hits a multi-year low and expectations remain subdued, a rate cut by the Reserve Bank of India of 50 basis points is possible in June and August. As inflation hits a multi-year low ...