The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...
EMIs on home and vehicle loans will come down, making it easier for individuals to repay their debts. A lower repo rate makes ...
The rate cut could be the beginning of a low-interest cycle and is expected to ease the burden on loan borrowers, as banks ...
The Reserve Bank of India cut the repo rate by 25 basis points to 6.25%, marking its first reduction in nearly five years.
However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...
Auto industry welcomes RBI rate cut, expecting positive impact on sector with increased accessibility and affordability for ...
Today’s RBI rate cut is seen as the start of a rate-cut cycle that could lead to a gradual decline in the interest rates ...
The Reserve Bank of India cut its policy rate for the first time in nearly five years as economic growth slows and inflation ...