News

So far in CY2025, the RBI has cut the policy rate by 50 bps. Also, the stance of the monetary policy has been changed to accommodative from neutral. This is likely to impact bank depositors.
As inflation hits a multi-year low and expectations remain subdued, a rate cut by the Reserve Bank of India (RBI) of 50 basis ...
The RBI's Monetary Policy Committee (MPC) on April 9 announced a 25-basis-point (bps) cut in the repo rate, reducing it from ...
Inflation numbers positively surprised analysts in March with the headline CPI print coming in at 3.3%. A Bloomberg poll of economists projected this number at 3.5%.
A number of public sector banks including SBI, PNB, Indian Bank have Bank of Maharashtra have cut their repo linked lending rates on home loans in the past few days ...
At around 9:45 am, IndusInd Bank was up nearly 4 per cent, followed by HDFC Bank which was up by 3.5 per cent. Similarly, other private banking lenders led the upmove including Axis Bank (up 2.67 per ...
SBI and Bank of India cut fixed deposit rates after RBI lowers repo rate by 25 bps to 6%. Amid surplus liquidity, more banks ...
Public sector Indian Overseas Bank has reduced the repo linked lending rate of the bank by 25 basis points with immediate ...
Amid global uncertainty thanks to unpredictable US tariffs, the Reserve Bank of India’s Monetary Policy Committee (MPC) unanimously effected a rate cut and shift in stance. This gives the Indian ...
During an accommodative policy period, the central bank is willing to cut interest rates or maintain the status quo, if ...