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

MCLR is the minimum interest rate, or the floor rate, that banks can charge on loans. MCLR rates are not linked to external ...

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

The most recent change made by the Reserve Bank of India regarding homebuyers and home loan borrowers has had a significant ...

With the recent 25 bps reduction in the repo rate, banks are expected to lower home loan rates for both new and existing ...

The RBI’s repo rate significantly influences personal loan interest rates. A rise in the repo rate leads to higher loan costs ...

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

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 repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...

RBI has reduced the repo rate by 25 basis points, providing relief to home loan borrowers. The repo rate cut could lead to ...

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