The Reserve Bank of India (RBI) on Friday reduced the repo rate to 6.25%, marking the first cut in nearly five years. The ...
With banks expected to lower FD rates in response to cheaper borrowing costs, returns on deposits could shrink in the coming ...
Composite business loan offer funding for fixed capital investment and/or working capital requirement. Learn more about how ...
EMIs on home and vehicle loans will come down, making it easier for individuals to repay their debts. A lower repo rate makes ...
The central bank set the real GDP growth forecast at 6.7% for the fiscal year of 2026 while the inflation rate lower at 4.2%.
The repo rate cut is expected to lower interest rates on loans, particularly benefiting homebuyers and other borrowers.
The Reserve Bank of India (RBI) on Friday reduced the repo rate (RR) by 25 basis points (bps) to 6.25 per cent from 6.5 per ...
The RBI's MPC, in a unanimous decision, lowered the repo rate in a bid to stimulate economic activity by making borrowing cheaper, thereby encouraging spending and investment.
Banks will pass on the rate cut benefit to those existing borrowers who took loans under the repo rate-linked floating interest rate system.
While new borrowers can expect banks to revise their rates soon, existing borrowers will typically see the benefit at their ...
The RBI MPC reduced key lending rates by 25 basis points to 6.25%, the first rate cut in nearky five years under the leadership of newly appointed RBI Governor Sanjay Malhotra.
Treasury Secretary Scott Bessent said President Donald Trump is looking for longer-term interest rates to fall.