Even with a modest interest rate reduction, a borrower who takes out a loan for a home of Rs 30 lakh over 20 years saves a ...
The RBI's MPC, in a unanimous decision, lowered the repo rate in a bid to stimulate economic activity by making borrowing ...
The RBI has lowered the repo rate to 6.25%, signalling the start of a policy easing cycle. With inflation moderating and ...
The Reserve Bank of India (RBI) has slashed its benchmark lending rate by 25 basis points. This is its first such move in ...
The RBI, led by new Governor Sanjay Malhotra, cut the policy rate by 25 basis points to 6.25%, marking the first rate ...
The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...
The repo rate cut is expected to boost India’s power demand, besides making it easier for power companies to finance new ...
New RBI Governor Sanjay Malhotra, who is chairing his first Monetary Policy Committee (MPC) meeting, will announce the ...
However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...
RBI's rate cut is expected to drive demand in India's auto sector, particularly for two-wheelers and entry-level cars.
The decision by RBI on Friday to reduce its key rate for the first time in five years comes less than a week after the ...
After nearly five years, the RBI has cut the repo rate, bringing relief to home loan borrowers and expected to ease borrowing ...