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All six members voted unanimously for the rate cut while maintaining a neutral stance. The rate cut comes even as the past ...

The rate cut is expected to bring relief to borrowers, as banks are likely to lower lending rates on home, auto and education ...

Under this program, the bank has introduced a dedicated feature on its Mobile Banking app called ‘Senior Citizen Specials’.

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

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

The Reserve Bank of India (RBI) has slashed its benchmark lending rate by 25 basis points. This is its first such move in ...

The rupee recovered 9 paise from its all-time low level to close at 87.50 against the US dollar on Friday after the Reserve Bank of India reduced the key policy rate by 25 basis points in line with ...

Experts predict slow transmission of repo rate cut to bank lending and deposit rates due to competition for resources.

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 ...

RBI's repo rate cut by 25 bps to 6.25% is expected to boost housing demand by making home loans more affordable. Realtors ...