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

Banks tend to lower the interest rates on FDs when the RBI decreases its short-term lending rate, popularly known as 'repo ...

The Reserve Bank of India has reduced the repo rate, leading banks to soon lower fixed deposit interest rates. Small finance ...

The Reserve Bank of India (RBI) on Friday reduced the repo rate to 6.25%, marking the first cut in nearly five years. The ...

Ahead of the RBI MPC meeting which is set to end on February 7 with a likely cut in interest rates, several banks in India ...

Ahead of the RBI MPC meeting outcome announcement, which is scheduled for February 7th, major banks across India have already ...

The highest interest rate offered on deposits for a one-year period is 7.75% by Yes Bank, while Bank of Baroda and Canara ...

The Reserve Bank of India revises the repo rate once a year. The last time the RBI announced the repo rate was on 7 June 2024 ...

Several banks have recently revised their Fixed Deposit (FD) interest rates, offering better returns on your savings. With ...

As February 2025 begins, several significant regulatory changes have come into effect, impacting daily financial transactions ...

For Q3FY25, Punjab National Bank reported a surge in profits but a decline in core performance, highlighting persistent ...