The decrease in deposit rates results in diminished returns for fixed deposit (FD) investors, particularly senior citizens ...
A week after the 2025 Union Budget introduced an exemptive, new tax regime, India’s middle-class has another reason to ...
The RBI Governor Sanjay Malhotra delivered the first interest rate cut in nearly five years. The RBI MPC reduced the repo ...
The European Union is scrambling to cut taxes on American cars in a bid to avert a trade war with Donald Trump. Brussels is ...
A political odd couple is joining forces to lower credit card interest rates. Sen. Bernie Sanders (I-Vt.) and Sen. Josh ...
Banks tend to lower the interest rates on FDs when the RBI decreases its short-term lending rate, popularly known as 'repo ...
RBI Monetary Policy Meeting February 2025 Live Updates: The Reserve Bank of India (RBI) on Friday reduced the repo rate by 25 ...
As per provisional closing, the barometer index, the S&P BSE Sensex, declined 197.97 points or 0.25% to 77,860.19. The Nifty 50 index lost 43.40 points or 0.18% to 23,559.95.
Highlights: The Reserve Bank of India has cut repo rate by 25 bps to 6.25% for the first time in nearly five years. RBI's ...
However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...
Reserve Bank of India (RBI) governor Sanjay Malhotra has announced the Monetary Policy Committee has cut the benchmark repo ...
With banks expected to lower FD rates in response to cheaper borrowing costs, returns on deposits could shrink in the coming ...