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 ...

After Friday’s decision, the repo rate now stands at 5.5%, the lowest it has been since August 2022 when it was at 5.4%. New Delhi: New Delhi : The Reserve Bank of India (RBI) surprised markets ...

New Delhi [India]: Lending rates are expected to fall by around 30 basis points (bps) following the recent policy rate cut, according to a report by the State Bank of India (SBI). The report ...

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 ...

Bank officials told The Telegraph that ... etc,” said PD Singh, CEO, India & South Asia, Standard Chartered. “Frontloading monetary stimulus in the form of jumbo rate cuts and aggressive CRR cuts will ...

The Reserve Bank of India delivered a surprise aggressive cut to key policy ... The apex bank cut the repo rate by 0.5 percentage points — double what was expected — and reduced the cash reserve ratio ...

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 final winners were selected by a jury chaired by Rajnish Kumar, former Chairman of the State Bank of India. The awards were divided into three categories – Sectoral Excellence in ...

Interest-rate-sensitive realty index jumped 4.74 per cent, while auto index went up 1.50 per cent and bankex climbed 1.25 per cent. The Reserve Bank of India’s (RBI’s) six-member monetary ...

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 ...