India has managed to reduce its 'extreme poverty rate' from 27.1% in 2011-12 to 5.3% in 2022-23, data by the World Bank said, indicating that India's economic trajectory has seen a transformative ...

The recent policy actions by the Reserve Bank of India (RBI) appear to mark the end of the current interest rate cutting cycle, according to a report by Union Bank of India. The report states that ...

RBI repo rate cut: The Reserve Bank of India (RBI) unexpectedly announced ... This will affect bank fixed deposit (FD) account holders and new house loan borrowers, according to tax and financial ...

The RBI's repo rate ... the FD market, NorthEast Small Finance Bank offers the highest return at 9% for a tenure of 18 months and 1–2 days. Among public sector banks, Central Bank of India ...

Your bank is likely to pass on the rate cut sooner than later. Expect EMI reductions in the next reset cycle. You’ll get to choose between lower EMIs or faster loan closure. 💡 Expert Take ...

The Reserve Bank of India has significantly reduced ... it spells concern for fixed deposit (FD) investors. As banks begin to transmit the repo rate cut, FD interest rates are likely to decline ...

The Reserve Bank of India lowered its key repo rate by 50 basis points to 5.5 per cent. Most analysts had expected a 25-point cut. It is the third reduction in a row since February. Shubhada Rao ...

RBI Monetary Policy: In its June monetary policy meeting, the Reserve Bank of India (RBI ... Also Read | RBI repo rate cut: How home loan EMI, and bank FD return will change?

(Photo: REUTERS) On how this repo rate cut move would impact bank FD rates, Pankaj Mathpal of Optima Money Managers said, “The repo rate cut is going to affect FD rates negatively as banks would ...

MUMBAI: The Reserve Bank of India (RBI) cut its key repo rate by a larger-than-expected 50 basis points on Friday, a third consecutive reduction, as muted inflation provided space for policymakers to ...

India's central bank surprised markets with a jumbo rate cut, seizing on cooling inflation to frontload monetary easing and bolster economic growth amid heightened global uncertainty. The Reserve ...