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 last week cut the repo rate from 6.50% to 6.25%, the first such reduction since 2020. According to ...
Many banks have revised its loan rates after the Reserve Bank of India's (RBI) recent cut in the repo rate by 25 basis points ...
SBI Chairman CS Setty confirmed lending rate revision after RBI’s 25 bps repo rate cut. However, deposit rates may not ...
It usually takes some time for customers to see these benefits of RBI rate cuts, although a few loans that are directly ...
Banks typically offer higher interest on their long-term deposits and lower interest on short-term fixed deposits ...
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 ...
If you’re on a fixed rate, you might want to evaluate if switching to a floating rate makes sense, depending on market ...
With the recent 25 bps reduction in the repo rate, banks are expected to lower home loan rates for both new and existing ...
A lower-than-expected CPI inflation print in January 2025 is likely to give RBI MPC further policy room for another 25 bps ...
While the rate cut is intended to ease financial conditions, experts suggest the broader effect on the banking system - ...
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, ...