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With the RBI reducing the repo rate by 25 bps in the recent MPC meet, some banks may consider reducing their deposits rates, ...

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

As the Reserve Bank of India's (RBI) monetary policy committee (MPC) cut repo rate by 25 basis points on Friday, it is seen as the start of interest rate cut cycle. Typically, a cut in repo rate ...

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It’s unlikely they will have the confidence to cut deposit rates at this juncture,” he said. Sujan Hajra, Chief Economist & Executive Director, Anand Rathi Group, noted that with net interest ...

The Reserve Bank of India's Monetary Policy Committee (MPC), led by Governor Sanjay Malhotra, has decided to lower the policy repo rate by 25 basis points, from 6.5 percent to 6.25 percent.

The 25 bps cut is expected to prompt banks to decrease their lending rates, making loans more affordable for borrowers. However, this move may also result in a decrease in fixed deposit interest ...

This is the first time I have come across this position so not familiar with it. A client bought a commercial vehicle and the seller/finance company agreed ...