The Reserve Bank of India (RBI) has imposed strict restrictions on Mumbai-based New India Co-operative Bank, barring it from ...
RBI is India’s central bank, responsible for monetary policy, financial stability, and supervision of banks, rather than conducting commercial banking activities. No Public Transactions: Unlike ...
If you’re on a fixed rate, you might want to evaluate if switching to a floating rate makes sense, depending on market ...
Last week, the Reserve Bank of India cut repo rate for the first time in nearly five years to 6.25% from 6.5%. The central ...
The RBI cut the repo rate by 25 basis points to 6.25%, its first rate cut in nearly five years. What does it mean for you.
In addition to the repo rate cut, the Standing Deposit Facility (SDF) and Marginal Standing Facility (MSF) rates have also ...
The repo rate is the interest rate at which the RBI lends money to banks. When the central bank lowers this rate, banks can ...
EMIs on home and vehicle loans will come down, making it easier for individuals to repay their debts. A lower repo rate makes ...