The Reserve Bank of India last week cut the repo rate from 6.50% to 6.25%, the first such reduction since 2020. According to ...
At ICICI Bank the interest rates range from 3% to 7.25%, depending on the tenure. For example, for a 7 to 29-day FD, the ...
India's wholesale inflation eased to 2.31% in January from 2.37% in December, driven by changes in food prices. Retail ...
SBI Chairman CS Setty confirmed lending rate revision after RBI’s 25 bps repo rate cut. However, deposit rates may not ...
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, ...
By cutting rates, the RBI sends a message that it is ready to support growth, confident that the worst of inflation is over.
The most recent change made by the Reserve Bank of India regarding homebuyers and home loan borrowers has had a significant ...
The Reserve Bank of India cut the repo rate by 25 basis points to 6.25 per cent on Friday — the first rate cut in nearly five years. The RBI last cut the repo in May 2020, trimming it by 40 basis ...
The Indian central bank helmed by RBI Governor Sanjay Malhotra is expected to cut policy rate again in April on diminishing ...
February 6, the RBI cut repo rate by 25 basis points to 6.25 percent, which may impact depositors with likely lower fixed ...
Muthoot said that cost of funds are likely to come off only marginally and therefore he does not expect that to translate into lower lending rate.
However, banks have refrained from cutting their Marginal Cost of Fund based lending rate (MCLR) which are largely offered to ...