The Reserve Bank of India (RBI) will likely cut repo rate by up to 100 basis points (bps) more in the current easing cycle, ...

Meanwhile, private sector major HDFC Bank has lowered interest rate on savings accounts by 25 basis points to 2.75 per cent ...

The repo rate is the interest rate at which the Reserve Bank of India (RBI) lends money to commercial banks (like SBI, HDFC, ...

Following RBI’s recent 25-basis-point repo rate cut, the State Bank of India, the country’s largest public sector bank, has also slashed its lending rates by up to 0.25%. Effective April 15, 2025, the ...

This has led to a significant reduction in the level of opposition. The Act provides for the payment of interest at the rate of 12 per cent as per Section 30 (3) and nine per cent and 15 percent as ...

The reduction in the lending rates will provide relief to borrowers of various loans, including home and personal, as their ...

HDFC Bank’s shares rose nearly 4% after announcing a cut in savings account interest rates to 2.75% for deposits below ₹50 lakh, effective April 12. This marks the lowest rate among major private ...

Currently, the lowest home loan rates available in the market hover between 8.10 to 8.35 per cent, offered to borrowers with ...

A few days after the Reserve Bank of India (RBI) reduced the repo rate to 6% in its April Monetary Policy Committee (MPC) ...

This reduction in FD rates will impact depositors, especially senior citizens, who are dependent on interest earned from ...

The Reserve Bank of India's Monetary Policy Committee (MPC) has reduced the repo rate to 6.0% from 6.25%, marking the second ...

The panel has changed its monetary policy stance from "neutral" to "accommodative" in a bid to stimulate the domestic demand, ...