SBI Chairman CS Setty confirmed lending rate revision after RBI’s 25 bps repo rate cut. However, deposit rates may not ...

The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...

Experts are optimistic that the 25 bps cut—the first in nearly five years—will make borrowing cheaper and spur the demand for ...

This could clear the way for another rate cut by the Reserve Bank of India, which slashed rates from 6.5% to 6.25% after its ...

The term "reverse repo rate" refers to the interest rate that is paid on deposits. The Reserve Bank of India pays interest on deposits at the reverse repo rate, whereas the repo rate is paid on ...

A decrease in the repo rate will now prompt banks to lower their lending rates, making home loans more affordable.

In India, 24k of 100 grammes of gold will cost Rs 8,66,700 today, up Rs 1,600 from Rs 8,65,100 yesterday. Meanwhile, the ...

There are expectations that the central bank’s MPC will decide on cutting the key rates for the first time in 5 years by 25 ...

In addition to the repo rate cut, the Standing Deposit Facility (SDF) and Marginal Standing Facility (MSF) rates have also ...

However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...

The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...

The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.