The move is expected to boost sectors such as real estate, which depends heavily on loans for its consumers to make a ...
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
The Indian rupee strengthened on Friday after struggling for most of the week as global markets were jolted by fears of a ...
(Reuters) -The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to ...
It usually takes some time for customers to see these benefits of RBI rate cuts, although a few loans that are directly ...
India’s inflation eased to a five-month low in January, justifying the central bank interest rate cut, though risks remain amid a depreciating currency and threat of tariffs.
RBIs 25-bps rate cut, its first in five years, pressures private banks' NIMs while public banks remain stable. NBFCs may see ...
However, banks have refrained from cutting their Marginal Cost of Fund based lending rate (MCLR) which are largely offered to ...
SBI Chairman CS Setty confirmed lending rate revision after RBI’s 25 bps repo rate cut. However, deposit rates may not ...
By cutting rates, the RBI sends a message that it is ready to support growth, confident that the worst of inflation is over.
If you’re on a fixed rate, you might want to evaluate if switching to a floating rate makes sense, depending on market ...
Over and above taking measures to support liquidity, the RBI will have to push through more rate cuts this year to support ...