The Indian central bank's measured approach to withdrawing banking system liquidity is likely to keep overnight interbank ...

India's central bank said on Thursday it will conduct a seven-day variable rate reverse repo auction worth one trillion ...

The Reserve Bank of India cut the repo rate by 50 basis points to 5.5%, surprising many. Lower rates may encourage consumer ...

While surplus liquidity influences overnight borrowing costs, a recent analysis by the firm showed it does not impact credit ...

Bank of Baroda reduces home loan interest rate to 7.45% and waives processing fees for new borrowers, aiming to boost credit ...

In a move aimed at boosting affordability and credit growth, the public sector lender has also waived the processing fee for ...

BOI's global business grew 10% to Rs 15 lakh crore, including a 12% rise in the global gross advances to Rs 6.7 lakh crore.

Punjab National Bank, Indian Bank, and Bank of India have reduced their Marginal Cost of Funds-based Lending Rates (MCLR) by ...

Apex bank also reduced CRR by 100 bps to 3%, which would release primary liquidity of Rs2.5 lakh cr into banking system by ...

India’s central bank drained 849.75 billion rupees ($10 billion) of excess cash from the banking system in its first such ...

The move follows the bank’s earlier rate cut in June, when it lowered home loan rates from 8.00% to 7.50%, after the Reserve Bank of India reduced the policy repo rate.

"The Short-Term Weighted Average Call Rate (WACR) decreased to 5.27% as of Jun 20, 2025, from 6.68% on Jun 21, 2024. This decline follows three successive repo rate cuts and liquidity infusion by the ...