After the cut in repo rate, the bank can also cut the interest rates on its savings account. Let us know how much annual ...
EMIs on home and vehicle loans will come down, making it easier for individuals to repay their debts. A lower repo rate makes ...
SBI Chairman CS Setty confirmed lending rate revision after RBI’s 25 bps repo rate cut. However, deposit rates may not ...
February 6, the RBI cut repo rate by 25 basis points to 6.25 percent, which may impact depositors with likely lower fixed ...
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
In addition to the repo rate cut, the Standing Deposit Facility (SDF) and Marginal Standing Facility (MSF) rates have also ...
The repo rate is the rate at which commercial banks borrow from the RBI. This drop comes after nearly 5 years of house loan ...
The repo rate cut is expected to lower interest rates on loans, particularly benefiting homebuyers and other borrowers.
After cutting the cash reserve ratio (CRR) by 50 bps from 4.5% of NDTL, to 4.0% of NDTL in the December 2024 policy, the RBI ...
However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...
This makes the loan expensive for borrowers, impacting their finances. However, when the RBI cuts the repo rate, commercial banks will have to pay less to banks. This may pass on to consumers as ...
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, ...