The move is expected to boost sectors such as real estate, which depends heavily on loans for its consumers to make a ...
SBI Chairman CS Setty confirmed lending rate revision after RBI’s 25 bps repo rate cut. However, deposit rates may not ...
February 6, the RBI cut repo rate by 25 basis points to 6.25 percent, which may impact depositors with likely lower fixed ...
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
EMIs on home and vehicle loans will come down, making it easier for individuals to repay their debts. A lower repo rate makes ...
In addition to the repo rate cut, the Standing Deposit Facility (SDF) and Marginal Standing Facility (MSF) rates have also ...
The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...
The repo rate, till now, stood at 6.5 per cent. The move comes barely a week after the Centre cut personal income tax to ...
With the recent 25 bps reduction in the repo rate, banks are expected to lower home loan rates for both new and existing ...
The RBI's recent 0.25 percentage point cut in the repo rate is under close government scrutiny to ensure banks pass this ...
RBI MPC meet: The Reserve Bank of India announced a 25 basis point cut in the repo rate, now at 6.25%, the first reduction in ...
One such factor that has a significant role in determining personal loan interest rates is the Reserve Bank of India (RBI). The repo rate is the rate at which the RBI lends money to commercial banks.