The income tax rebate under the new tax regime has been raised to Rs 12 lakh per annum from Rs 7 lakh along with a reduction ...

A lower repo rate means banks can borrow funds at a lower cost from the central bank and are expected to pass on the lower ...

Repo rate cut leads to 0.25% reduction in floating home loan rates, with immediate impact on EBLR loans. Deposit rates take time.

Repo rate cut by 25 basis points to 6.25% to boost growth amid easing inflation and global uncertainties, maintaining neutral ...

Karnataka Minister H K Patil said on Friday that if illegal loan recovery or charging of interest is considered a “fundamental right” under the Constitution, it would severely undermine constitutional ...

The reduction in the policy interest rates by the Reserve Bank of India (RBI) is a catalyst for boosting demand across different sectors of the economy, a top industry body said on Friday. In a bid to ...

India Inc cheered the RBI's move to slash the benchmark interest rate for the first time in nearly five years on Friday and ...

The decision by RBI on Friday to reduce its key rate for the first time in five years comes less than a week after the ...

Reserve Bank of India (RBI) has reduced the Bank Rate by 25 basis points, lowering it from 6.75% to 6.50%, effective immediately. This revision follows the announcement in the Monetary Policy ...

“The rate cut, coupled with recent liquidity-boosting measures, is expected to drive fresh investments and kick-start the consumption cycle. Sectors such as banking, auto, FMCG, consumer durables, ...

Bankers welcome RBI's 25 basis point rate cut, predicting it will boost growth and complement the budget's focus on ...

Home, auto and other loans are likely to see a drop in interest rates after the Reserve Bank of India under a new Governor cut the key benchmark rate on Friday for the first time in almost five years ...