RBI’s 25 bps repo rate cut will bring relief to borrowers by lowering EMIs across loans. This move aims to make borrowing ...
The RBI MPC, which met for the first time under the new central bank governor Sanjay Malhotra, on February 7 cut the repo rate by 25 basis point to 6.25 percent to give a boost to a slowing economy.
In the three-year category, the highest interest offered is 7.65% which is offered by both Kotak Mahindra Bank and Bank of Baroda. Axis bank closely follows with 7.60% interest for the three-year ...
Under the leadership of newly appointed Governor Sanjay Malhotra, the Monetary Policy Committee has reduced the policy repo rate by 25 basis points to 6.25 percent from 6.50 percent, as widely ...
A reduction in interest rates typically has a significant impact on debt funds, particularly in terms of bond prices, yields, ...
The RBI repo rate is a crucial factor in determining loan rates, including those for home loans. A dip in the repo rate by ...
AJAY VERMA The 25-basis-points repo rate cut may take some time to get reflected in Banks’ lending and deposit rates, as the latter has become sticky in view of competition for mobilising ...