The move is expected to boost sectors such as real estate, which depends heavily on loans for its consumers to make a ...
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
The Indian rupee strengthened on Friday after struggling for most of the week as global markets were jolted by fears of a ...
It usually takes some time for customers to see these benefits of RBI rate cuts, although a few loans that are directly ...
RBIs 25-bps rate cut, its first in five years, pressures private banks' NIMs while public banks remain stable. NBFCs may see ...
By cutting rates, the RBI sends a message that it is ready to support growth, confident that the worst of inflation is over.
The Reserve Bank of India will conduct a 49-day variable rate repo for Rs 75,000 crore ($8.63 billion) on Friday, it said ...
If you’re on a fixed rate, you might want to evaluate if switching to a floating rate makes sense, depending on market ...
India's benchmark indexes closed lower on Thursday, dragged down by rate-sensitive auto and consumer stocks as caution ...
SBI Chairman CS Setty confirmed lending rate revision after RBI’s 25 bps repo rate cut. However, deposit rates may not ...
RBI governor Sanjay Malhotra said after the monetary policy meeting on Friday that the apex bank was committed to provide ...
While the rate cut is intended to ease financial conditions, experts suggest the broader effect on the banking system - ...