Lending and deposit rates are impacted by the repo rate drop because it reduces banks' cost of funding. Lower fixed deposit (FD) interest rates will result from a lower repo rate, and vice versa.

The Reserve Bank of India (RBI) has reduced the key interest rate by 25 basis points in the latest Monetary Policy Review ...

The Reserve Bank of India last week cut the repo rate from 6.50% to 6.25%, the first such reduction since 2020. According to ...

The Reserve Bank of India has reduced the repo rate by 25 basis points to 6.25%. This is the first reduction since 2020. The ...

Material Components for Android (MDC-Android) help developers execute Material Design. Developed by a core team of engineers and UX designers at Google, these components enable a reliable development ...

RBI governor Sanjay Malhotra said after the monetary policy meeting on Friday that the apex bank was committed to provide ...

This significant decrease in inflation is a positive sign for the Reserve Bank of India, which recently reduced the repo rate ...

The RBI decreased the repo rate by 25 basis points to 6.25%, leading many banks like Canara Bank, PNB, and Union Bank of ...

Recently, the Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points to 6.25 per cent from 6.50 per cent, ...

The Reserve Bank of India (RBI) was all set to inject Rs 2,50,000 crore through its Variable Rate Repo (VRR) auction on ...

SBI Chairman CS Setty confirmed lending rate revision after RBI’s 25 bps repo rate cut. However, deposit rates may not ...