News

HDFC Bank reduces FD interest rates by 50 bps across following RBI repo rate cut
The adjustments reflect HDFC Bank's strategic response to broader economic conditions and market dynamics. For fixed deposits ...
RBI may cut repo rate by up to 100 bps more in current easing cycle, experts say
The Reserve Bank of India (RBI) will likely cut repo rate by up to 100 basis points (bps) more in the current easing cycle, ...
Good news for SBI borrowers: Bank reduces these lending rates by 25 basis points after repo rate cut by RBI
Following RBI's repo rate cut, SBI has also reduced its EBLR, or external benchmark lending rate, and RLLR (repo-rate linked lending rate). This will be effective April 15, 2025. While MCLR rates ...
The EMI secret banks will not tell you: Here's how to cut your EMI after RBI slashes rates
With awareness and the right digital tools, you can reduce your EMI burden, avoid overpaying, and ensure that you do not miss ...
RBI Retains Optimistic Outlook; Reduces Repo Rate By 25 Basis Points
To borrow the catch line of a popular cola advertisement from the eighties, ‘Happy Days Are Here Again!’ Earlier this month, ...
Time to get into debt funds: Which ones should you pick?
The interest rate cuts by the RBI and falling inflation have boosted returns of debt mutual funds. Find out which category of ...
Mint4d
Banks slash deposit rates taking cue from RBI’s repo cut
banks have taken the cue from the Reserve Bank of India's (RBI) repo rate cut of 25 basis points (bps) last week. While the liquidity surplus stood at ₹2.08 trillion on 10 April, non-food credit ...
The Financial Express6d
SBI, Bank of India slash FD rates after RBI repo cut
SBI and Bank of India cut fixed deposit rates after RBI lowers repo rate by 25 bps to 6%. Amid surplus liquidity, more banks ...
Banks & HFCs start slashing home loan rates as repo rate dips to 6%,
The Reserve Bank of India ’s (RBI’s) rate setting panel decided to cut the repo rate by another 25 basis point bringing it ...
Newspoint on MSN5d
Loan Becomes Cheaper! SBI Cuts Interest Rates After RBI’s Repo Rate Slash, FD Returns Also Trimmed
Good news for borrowers and investors! Following the Reserve Bank of India’s (RBI) recent decision to slash the repo rate, ...
Saving accounts rate cut by banks may see marginal movement of funds to other financial instruments
In April monetary policy, the RBI cut repo rate by 25 basis points for the second time in a row. In response, banks have ...
India central banker warns of dwindling money market liquidity
India's call money market faces risks of dwindling liquidity, posing challenges for monetary policy transmission, the ...