The move is expected to boost sectors such as real estate, which depends heavily on loans for its consumers to make a ...
In addition to the repo rate cut, the Standing Deposit Facility (SDF) and Marginal Standing Facility (MSF) rates have also ...
The RBI cut the repo rate by 25 basis points to 6.25%, marking its first reduction in five years. The monetary stance remains ...
The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...
The interest rates on savings accounts have been drastically reduced by RBL Bank, according to the banks official website.
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
EMIs on home and vehicle loans will come down, making it easier for individuals to repay their debts. A lower repo rate makes ...
However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
The RBI’s repo rate significantly influences personal loan interest rates. A rise in the repo rate leads to higher loan costs ...
Home, auto, and other loans are likely to see a drop in interest rates after the Reserve Bank of India cut the key benchmark ...
The rate cut could be the beginning of a low-interest cycle and is expected to ease the burden on loan borrowers, as banks ...