Analysts say the lender has slashed deposit rate in view of surplus liquidity in the banking system, and to reflect the 50-bps repo rate cut by the Reserve Bank of India over the last two MPC ...

Yes, absolutely. Moving to a repo rate-linked loan is better from a long-term perspective. Additionally, we are looking at a softer interest rate regime going forward. You can expect quicker and ...

China's central bank said on Wednesday it would lower the borrowing cost of its seven-day reverse repurchase agreements, as ...

Bengaluru- based Canara Bank has reduced its Repo Linked Lending Rate (RLLR) by 25 basis points. The announcement was made following the Reserve Bank of India’s Monetary Policy Committee (MPC ...

What is MCLR?MCLR is the minimum interest rate a financial institution must charge for a specific loan. It determines the lower limit of the interest rate for a loan and is binding unless revised ...

Despite inflation being the lowest it has been since June 2020, economists widely anticipate that the SARB will keep the repo rate unchanged in May. Thus far, the ongoing global trade tensions and ...

This follows the Reserve Bank of India's (RBI) decision to lower the repo rate by 25 basis points from 6.25% to 6.00% during its April 9 monetary policy meeting. YES Bank has reduced its highest ...

The fresh home loans have seen a fall in recent with many falling below 8% following the Reserve Bank of India's (RBI) decision to cut the repo rate by 25 basis points on April 9. Several Indian ...

The decision comes in the backdrop of the Reserve Bank of India’s monetary policy committee reducing the repo rate. Indian Bank had consequently, with effect from April 11, reduced its Repo ...

Interest rates are coming down, as the Reserve Bank of India (RBI) has been reducing the reference repo rate. The repo rate, which was 6.5% earlier, is at 6% now. It is expected that the RBI ...

Reserve Bank Governor Sanjay Malhotra had opined while voting for a 25 basis points cut in repo rate along with other five members of the rate-setting panel earlier this month. Governor Malhotra ...