SBI and Bank of India reduce lending rates, HDFC Bank lowers savings account interest, benefiting borrowers and depositors.

“Rate cut will ensure a smooth transmission of monetary policy signals. Repo linked loans rates will come down and sectors like SMEs and housing will benefit as borrowings turn less costl ...

That all changed after the Covid-19 pandemic when you could finally park your cash in a high-yield savings account and earn a decent interest rate. Rather than being the exception, this was the ...

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In February, the RBI unanimously lowered the repo rate by 25 basis points from 6.5 per cent to 6.25 per cent, in what was the first rate cut in about 5 years since Covid.

The RBI's monetary policy committee is expected cut benchmark interest rate by 25 basis points in its policy review meeting next month to push growth, India Ratings and Research (Ind-Ra) said on ...

The RBI’s monetary policy committee is expected cut benchmark interest rate by 25 basis points in its policy review meeting next month to push growth, India Ratings and Research (Ind-Ra ...

The Reserve Bank of India (RBI) has decided to increase the aggregate limit made available for Standalone Primary Dealers (SPDs) under the Standing Liquidity Facility at the prevailing repo rate ...