The Reserve Bank has cut the repo rate to 6.25% — the interest rate at which the central bank lends money to commercial banks — for the first time in nearly five years. The 25 basis points ...

One such factor that has a significant role in determining personal loan interest rates is the Reserve Bank of India (RBI). The repo rate is the rate at which the RBI lends money to commercial banks.

FD Rates after RBI repo rate cut: Reserve Bank of India Governor Sanjay Malhotra today announced a cut in the key benchmark rate. The Monetary Policy Committee (MPC), headed by Malhotra ...

The repo rate cut by 25 basis points by the monetary policy committee (MPC) of RBI announced Friday will give a long-awaited relief on interest rates and also be supportive of economic growth ...

Mumbai: The recent policy rate cut by India’s central bank should turn out to be good news for individuals and small businesses. However, large corporates hoping for some succour on interest ...

The Reserve Bank of India (RBI) cut the policy repo rate by 25 basis points last week and set it to 6.25 per cent from its current level of 6.5 per cent. People are now eagerly waiting to see how ...

The Monetary Policy Committee meets again next Thursday to decide if the repo rate can be cut, which will bring some relief for consumers. Economists expect another repo rate cut of 25 basis ...

After maintaining the repo rate unchanged for two years, the six-member monetary policy committee (MPC) on Friday unanimously cut it by 25 basis points to support growth, which dipped to a seven ...

The key repo rate is the rate at which the Reserve Bank of India (RBI) lends funds to commercial banks in exchange for securities The domestic rate-setting panel has kept the repo rate unchanged for ...

In a move that is expected to provide significant support to the housing sector, the Reserve Bank of India (RBI) has announced a reduction in the repo rate by 25 basis points. According to Anuj ...

has recently announced a reduction in its External Benchmark-based Lending Rate (EBLR) and Repo Linked Lending Rate (RLLR) for various loans, including home loans. The revised lending rates will ...

The Automotive Component Manufacturers Association of India (ACMA) also said that 25 bps reduction in the repo rate to 6.25 per cent, is a welcome move that will enhance liquidity, reduce ...