After RBI rate cut, this bank slashes FD interest rates by up to 65 bps
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 ...
India's RBI to enhance liquidity next week to cover for tax outflows
The Reserve Bank of India will step up its liquidity infusion and inject over $16 billion next week into the banking system, ...
After RBI's rate cut, when will banks cut deposit rates? Here's what SBI Chairman CS Setty says
The Reserve Bank of India's Monetary Policy Committee (MPC) has decided to cut the policy repo rate by 25 basis points, from ...
RBI cuts repo rate: SBI Chairman reveals when banks may reduce deposit rates
SBI Chairman CS Setty confirmed lending rate revision after RBI’s 25 bps repo rate cut. However, deposit rates may not ...
The Financial Express7d
RBI cuts repo rate by 25 bps! Your bank will slash fixed deposit rates now? Check what top banks are offering on FDs
The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...
RBI rate cut to pressure bank margins, NBFCs brace for liquidity strain
RBI’s 25-bps rate cut, its first in five years, pressures private banks' NIMs while public banks remain stable. NBFCs may see ...
India's central bank cuts rates for the first time in nearly five years, forecasts faster growth next year
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has ...
When will your loan EMIs come down? Government to keep close eye on banks for RBI’s repo rate cut transmission
The RBI's recent 0.25 percentage point cut in the repo rate is under close government scrutiny to ensure banks pass this ...
India's Central Bank Cuts Repo Rate for First Time in Nearly 5 Years
(Reuters) -The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to ...
This Bank Revises Savings Account Interest Rates Post RBI Repo Rate Cut
The interest rates on savings accounts have been drastically reduced by RBL Bank, according to the banks official website.