Repo rate is the interest rate at which commercial banks borrow from the RBI. Mint takes a look at what this means for thousands of retail borrowers. At present, retail and small business loans ...

Home, auto and other loans are likely to see a drop in interest ... The Monetary Policy Committee, headed by RBI Governor Sanjay Malhotra, slashed the repo rate by 25 basis points to 6.25 per cent.

per RBI’s latest Bank Lending Survey (BLS). The high optimism in demand for retail/personal loans tempered in Q4 even as it improved or remained at previous quarter’s level for other sectors.

Mumbai's New India Co-operative Bank faces a crisis as the RBI bars it from issuing new loans and suspends withdrawals for ...

The Reserve Bank of India said on Wednesday that it had lifted its 10-month-old order barring Kotak Mahindra Bank from ...

However, the RBI kept its overall monetary stance “neutral.” That means it isn’t committing to further reductions in the near future. Impact on loans, businesses ... some room to act. (Yes, we know, ...

Also Read: Settlement with borrowers only after exhausting all options, RBI to ARCs Asset ... old circular. For loans of up to ₹1 crore, settlements would happen as per the board-approved ...

claims that the Reserve Bank of India (RBI) has changed the guidelines for filling out cheques. The post reads: “According to the new guidelines, cheques written in black ink will no longer be ...

As expected, the Reserve Bank of India ... per cent. This is the central bank's first interest rate cut in nearly five years. The last rate cut was in May 2020. Let's understand this with an example.

The Reserve Bank of India (RBI) has approved two voluntary ... of the powers conferred on it under the Banking Regulation Act, 1949, per a central bank statement. The Scheme will come into force ...

As part of this agenda, the RBI led Monetary Policy Committee slashed repo rate by 25 basis points to 6.25 per cent ... monthly instalments (EMIs) on home loans and personal loans, among others.

The Reserve Bank of India (RBI) has recently introduced two ... So, if a bank is genuinely offering you services like personal loans, credit cards, or insurance, you can expect those ...