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With the RBI lowering the repo rate, many banks are expected to announce a cut in their interest rates as well.
State Bank of India (SBI) has announced a reduction in interest rates for retail term deposits, effective from 16th May 2025.
Lending rates are expected to fall by around 30 basis points (bps) following the recent policy rate cut, according to a ...
The Reserve Bank of India has significantly reduced the repo rate by 50 basis points to 5.5%, accompanied by a 1% decrease in ...
The RBI's 50 basis-point repo rate cut to 5.5% may lead to lower fixed deposit rates, prompting depositors to adopt ...
With the Reserve Bank of India slashing the repo rate by another 50 basis points to 5.5 per cent, fixed deposit (FD) ...
New Delhi [India]: Lending rates are expected to fall by around 30 basis points (bps) following the recent policy rate cut, ...
Bank deposit rate cut boosts mutual fund inflows, SIP investments, and alternative avenues for optimizing returns amid market ...
Banks have already begun adjusting their FD rates downward following the RBI’s earlier moves since February 2025.
The Reserve Bank of India in January directed all banks and regulated entities (REs) to call customers only using phone numbers that begin with the "1600xx" series for transactions or service ...
The RBI's repo rate cut to 5.5% offers home loan borrowers relief, reducing EMIs significantly. A CRR cut injects liquidity, ...