the Reserve Bank of India (RBI) cut its repo rate to 6.25 percent. Following this, a few banks have followed suit. A couple of banks have cut their interest rates on term deposits, albeit marginally.

(Image Source: Reuters) After a long-awaited rate cut of 25 bps in February, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) is expected to reduce the key interest rate by ...

Shivalik Small Finance Bank (SFB) has reduced its interest rates on fixed deposits (FD), after the Reserve Bank of India (RBI)’s repo rate cut on February 7. According to its website ...

Also Read: RBI, FinMin to work together; Tax relief, interest rate cut to boost demand: FM Sitharaman ahead of new I-T bill "Domestic demand is also expected to benefit from the repo rate cut by ...

Latest EPFO interest rate: The EPFO is expected to maintain the provident fund interest rate for 2024-25 near the previous year's 8.25% as the central board of trustees meets on February 28.

Just six days after Union Budget 2025-26 was presented and nearly five years after its last such decision, the Monetary Policy Committee of the Reserve Bank of India (RBI) on February 7 cut the ...

The RBI on Friday (February 21) proposed to do away with foreclosure charges or pre-payment penalties charged by banks and other lenders on all floating rate loans, including for business purposes ...

RLLR is linked to the repo rate set by the Reserve Bank of India (RBI). Let's see how much will a customer be able to save with the reduction in home loan interest rates. For this calculation ...

Banks determine the interest rates they offer to consumers based on the RBI's repo rate, known as the Repo Linked Lending Rate (RLLR). Since October 2019, banks have been required to link their ...