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New Delhi [India], April 11: India's real estate sector has welcomed the Reserve Bank of India's latest monetary policy move, which saw the repo rate reduced by 25 basis points to 6%. Industry ...
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 ...
RBI reduces repo rate by 25 basis points. Kotak Mahindra Bank cuts FD rates by 15 basis points. Canara Bank lowers FD rates by up to 20 basis points. The Reserve Bank of India (RBI) has reduced ...
With the RBI reducing repo rates, fixed deposit interest rates ... to maximize returns before further reductions occur. The impact of rate reductions on short and medium-term FDs will be more ...
Repo rate cut: RBI Governor Malhotra hints at more in coming months after two back-to-back cuts Bharat Dhawan, Managing Partner, Forvis Mazars in India said, “The RBI’s rate cut is a timely ...
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 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 ...
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 ...
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 ...
The Monetary Policy Committee (MPC), consisting of three central bank members and an equal number of external members, voted unanimously to cut the repurchase or repo rate by 25 basis points to 6 ...