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 ...

HDFC Bank announces to hike its MCLR rate by 5 basis points despite the reduction of the repo rate by the Central bank.

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 ...

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 ...

India’s stock market continues to reel under pressure despite a repo rate cut by the Reserve Bank of India (RBI) for the ...

Economists expect inflation to continue easing in the coming months on the back of easing food prices, supporting the central bank’s decision to cut the policy repo rate.

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.

SDF is a tool to absorb liquidity from commercial banks without giving government securities in return. It replaced the ...