The Reserve Bank of India (RBI) on April 9, 2025, cut the repo rate by 25 basis points (bps), bringing it down from 6.25 per cent to 6 per cent during the meeting of the Monetary Policy Committee ...

SBI and Bank of India reduce lending rates, HDFC Bank lowers savings account interest, benefiting borrowers and depositors.

The repo rate is the Reserve Bank of India’s magic wand—a powerful tool that influences everything from your loan EMI to how expensive your groceries are. Let’s break it down: “Repo rate ...

The Reserve Bank of India (RBI) will likely cut repo rate by up to 100 basis points (bps) more in the current easing cycle, economists say. The RBI, under Governor Sanjay Malhotra, has cut repo ...

The RBI's Monetary Policy Committee (MPC) on April 9 announced a 25-basis-point (bps) cut in the repo rate, reducing it from 6.25 per cent to 6 per cent. This marked the second consecutive rate ...

Shivalik Bank cuts FD rates by 25 bps; highest rate now 8.80% for senior citizens. RBI's 25 bps repo rate cut prompts banks to adjust FD offerings. Punjab National Bank (PNB) has revised its fixed ...

The deposit rate cuts by lenders have come days after the RBI reduced its key rates for the second consecutive time, taking the cumulative decrease in the repo rate to 0.50 per cent in the last ...

It also widened the brackets, meaning taxpayers could earn more before moving into a higher bracket with a higher rate. Brackets are also subject to annual inflation adjustments. Your top bracket ...

Getty Images SBI slashes its EBLR rate, in a relief for many home loan and personal loan borrowers. Following RBI’s recent 25-basis-point repo rate cut, the State Bank of India, the country’s largest ...