Earlier this month, the Reserve Bank of India (RBI) once again opted to reduce the repo rate by 25 basis points, bringing it down to 6%. This second successive cut by the central bank comes right ...

Bank of Maharashtra reduced the repo rate-linked rate from 9.05 per cent to 8.8 per cent. 2 years 11 months: Cut by 35 basis points 4 years 7 months: Cut by 40 basis points Last Wednesday, April 9, ...

The Reserve Bank of India (RBI) on April 9, 2025, cut the repo rate by 25 basis points (bps), bringing it down from 6.25 per cent to 6 per cent during the meeting of the Monetary Policy Committee ...

The repo rate is the Reserve Bank of India’s magic wand—a powerful tool that influences everything from your loan EMI to how expensive your groceries are. Let’s break it down: “Repo rate ...

Indian Overseas Bank has decided to reduce its repo-linked lending rate (RLLR) by 25 basis points from 9.10% to 8.85% effective April 12. This follows the Reserve Bank of India’s monetary policy ...

Viineet Chellani, Founder and CEO, Asset Deals, says, "The RBI's decision to cut the repo rate to 6% is a much-needed step in the right direction," said a real estate consultant. "It's likely to ...

RBI reduces repo rate by 25 basis points. Kotak Mahindra Bank cuts FD rates by 15 basis points. Canara Bank lowers FD rates by up to 20 basis points. The Reserve Bank of India (RBI) has reduced ...

A reduction in the repo rate allows banks to borrow more cheaply, often leading to lower interest rates on loans for consumers and businesses. New Delhi: The Reserve Bank of India (RBI ...

The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist ...

Indian Bank announced a reduction in its Repo Linked Benchmark Lending Rate from 9.05 % to 8.70 % effective April 11. The RBLR is being reduced by 0.35% (35 basis points), directly reflecting the ...

The report points out that following the RBI's 25 basis point cut in repo rate in February, public sector banks reduced deposit rates by 6 basis points, and foreign banks reduced 15 basis points ...