Lending and deposit rates are impacted by the repo rate drop because it reduces banks' cost of funding. Lower fixed deposit (FD) interest rates will result from a lower repo rate, and vice versa.

In today's time, it is everyone's dream to have their own house (Home Loan Rate). In such inflation, buying your own house is ...

State Bank of India (SBI) has reduced its External Benchmark-based Lending Rate (EBLR) and Repo Linked Lending Rate (RLLR) by ...

The stock market jitters have occurred despite government measures, including tax relief and the Reserve Bank of India's (RBI ...

The Reserve Bank of India has reduced the repo rate by 25 basis points to 6.25%. This is the first reduction since 2020. The ...

Tax relief measures and those relating to start-ups, MSMEs and exports in the Budget, and policy rate cut by the RBI, should ...

The Indian central bank helmed by RBI Governor Sanjay Malhotra is expected to cut policy rate again in April on diminishing ...

It usually takes some time for customers to see these benefits of RBI rate cuts, although a few loans that are directly ...

However, banks have refrained from cutting their Marginal Cost of Fund based lending rate (MCLR) which are largely offered to ...

The fall inflation will come as a relief to consumers and is likely to open up room for the RBI to consider another rate cut.

This significant decrease in inflation is a positive sign for the Reserve Bank of India, which recently reduced the repo rate ...

Recently, the Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points to 6.25 per cent from 6.50 per cent, ...