The move is expected to boost sectors such as real estate, which depends heavily on loans for its consumers to make a ...
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 ...
The 25 bps cut in repo rate by RBI is seen as the start of rate cut cycle. As a result, loan EMIs are likely to see a drop in ...
By cutting rates, the RBI sends a message that it is ready to support growth, confident that the worst of inflation is over.
Repo rate-linked loan EMIs will be reduced immediately, within about a month, but MCLR-linked loans could take at least two ...
The country’s largest private sector lender HDFC Bank has increased its marginal cost of funds based lending rate (MCLR) on ...
The BJP on Saturday (February 8, 2025) returned to power in Delhi after more than 26 years to sweep away the Arvind ...
SDF is a tool to absorb liquidity from commercial banks without giving government securities in return. It replaced the ...
A repo is a short-term borrowing transaction to sell securities and repurchase them later at a slightly higher price.
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.