14hon MSN
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 ...
Lending and deposit rates are impacted by the repo rate drop because it reduces banks' cost of funding. Lower fixed deposit (FD) interest rates will result from a lower repo rate, and vice versa.
If you’re on a fixed rate, you might want to evaluate if switching to a floating rate makes sense, depending on market ...
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, ...
However, banks have refrained from cutting their Marginal Cost of Fund based lending rate (MCLR) which are largely offered to ...
RBI expected to cut repo rate by 75-100 bps by FY26 end, reflecting concerns on growth and inflation forecasts.
The most recent change made by the Reserve Bank of India regarding homebuyers and home loan borrowers has had a significant ...
By cutting rates, the RBI sends a message that it is ready to support growth, confident that the worst of inflation is over.
The RBI decided to stick to its “neutral” stance, acknowledging that the global atmosphere remains uncertain due to evolving ...
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