News

Not only lending rates, even the FD interest rates are set to move downward.  Investors are, therefore, recommended to lock ...
The economists noted that rate cut is likely to influence the market to adjust to a revised and more accommodative interest ...
Additional District Development Commissioner Leh, Sonam Nurboo chaired a meeting of District Level Review Committee (DLRC) ...
A lower repo rate means banks can borrow funds at a lower cost from the central bank and are expected to pass on the lower ...
The Reserve Bank of India will discontinue daily variable rate repo auctions from June 11 due to surplus liquidity in the ...
Earlier on Friday, the RBI cut interest rates by a larger-than-expected 50 basis points, and unexpectedly reduced the cash ...
HDFC Bank and ICICI Bank cut interest rates in response to RBI's repo rate cut, affecting deposits and lending rates.
MUMBAI: Many large public sector banks such as Bank of Baroda, Punjab National Bank, Bank of India, and Uco Bank have reduced their repo-linked lending rates by ...
The cheque was presented to the Finance Minister by SBI chairman CS Setty at her office in the presence of senior ...
On June 7, the Reserve Bank of India (RBI) made a significant cut of 0.50% in the repo rate , bringing it down to 5.5%. Since ...
Several banks have cut lending rates following the RBI’s repo rate reduction, offering potential relief to select borrowers tied to floating interest benchmarks.
Lower interest rates will certainly spell good news for borrowers, and the expectation is lower rates will give credit demand ...