Just days after the central bank cut the key policy repo rate, the rate at which the RBI lends to banks, by 25 basis points ...
If you’re on a fixed rate, you might want to evaluate if switching to a floating rate makes sense, depending on market ...
By cutting rates, the RBI sends a message that it is ready to support growth, confident that the worst of inflation is over.
According to various reports, Reserve Bank of India (RBI) might give more relief to the middle class by further cutting ...
Repo rate-linked loan EMIs will be reduced immediately, within about a month, but MCLR-linked loans could take at least two ...
Experts say that borrowers with repo rate-linked loans will see an immediate or near-term reduction, while those with MCLR-linked loans may have to wait longer.
Among private sector banks, lenders such as ICICI Bank, Axis Bank and Kotak Mahindra Bank have reported an 18 bps, 8 bps and 29 bps dip in margins, respectively, over the past one year.
The unanimous rate cut by 25 basis points and the continuation with the neutral stance of the policy is a foregone move that ...
February 6, the RBI cut repo rate by 25 basis points to 6.25 percent, which may impact depositors with likely lower fixed ...
Banks are expected to start lowering the rates on FDs in alignment with the decrease of the benchmark lending rate by the ...