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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.
The RBI's Monetary Policy Committee (MPC) on April 9 announced a 25-basis-point (bps) cut in the repo rate, reducing it from ...
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 ...
Indian Bank, Punjab National Bank, and Bank of India revise RLLR, reducing EMI for home loan borrowers following a 25 basis ...
The decision to cut rates is also supported by the current real interest rate scenario. With the repo rate at 6 per cent and ...
Jonathan Haskel, a former member of the Bank of England's Monetary Policy Committee, has said rates should be kept on hold - ...
RBI announced a cut in the repo rate by 25 basis points, bringing it down to 6% on Wednesday. The decision was made after the central bank’s Monetary Policy Committee (MPC), led by Governor Sanjay ...
The panel has changed its monetary policy stance from "neutral" to "accommodative" in a bid to stimulate the domestic demand, ...
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