The move is expected to boost sectors such as real estate, which depends heavily on loans for its consumers to make a ...

State Bank of India (SBI) has reduced its External Benchmark-based Lending Rate (EBLR) and Repo Linked Lending Rate (RLLR) by ...

India's wholesale inflation eased to 2.31% in January from 2.37% in December, driven by changes in food prices. Retail ...

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

The RBI Governor Sanjay Malhotra delivered the first interest rate cut in nearly five years. The RBI MPC reduced the repo ...

Recently, the Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points to 6.25 per cent from 6.50 per cent, ...

The RBI decreased the repo rate by 25 basis points to 6.25%, leading many banks like Canara Bank, PNB, and Union Bank of ...

The Reserve Bank of India will step up its liquidity infusion and inject over $16 billion next week into the banking system, ...

Muthoot said that cost of funds are likely to come off only marginally and therefore he does not expect that to translate into lower lending rate.

A lower-than-expected CPI inflation print in January 2025 is likely to give RBI MPC further policy room for another 25 bps ...

However, banks have refrained from cutting their Marginal Cost of Fund based lending rate (MCLR) which are largely offered to ...

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