The Reserve Bank of India (RBI) on April 9, 2025, cut the repo rate by 25 basis points (bps), bringing it down from 6.25 per cent to 6 per cent during the meeting of the Monetary Policy Committee ...

Here we list out the fixed deposit interest rates offered by different banks including HDFC Bank, ICICI Bank and other state ...

The Reserve Bank of India pays interest on deposits at the reverse repo rate, whereas the repo ... of Funds to arrive at the final lending rate for different tenors.

State-owned lenders such as Bank of Baroda, Punjab National Bank (PNB), and Canara Bank have recently announced reductions in ...

In April and May 2025, several banks reduced fixed deposit (FD) interest rates following a 25 basis points cut in the RBI's ...

Monetary policy has grown more effective. RBI’s rate-formula tweak for corporate lending may have made a difference.

China's central bank said on Wednesday it would lower the borrowing cost of its seven-day reverse repurchase agreements, as ...

Recently, the MPC of the Reserve Bank of India (RBI) has cut the repo rate by 25 basis points for the second consecutive time. After this cut, the repo rate is now 6 percent. After the RBI's decision, ...

Other banks that reduced their lending rates include Indian Bank, Bank of India and Bank of Baroda. Indian Bank recently ...

Meanwhile, the IDBI Bank has also discontinued its couple of its special FDs. These include FD tenures of 300 and 375 days. Notably, the RBI on April 9, 2025 cut the repo rate by 25 basis points, ...

Becomes fourth private lender to trim interest on savings accounts following repo rate cut Federal Bank has reduced its savings account interest rate by 25 basis points to 2.75 per cent ...

Bank of Maharashtra reduced the repo rate-linked rate from 9.05 per cent to 8.8 per cent. 2 years 11 months: Cut by 35 basis points 4 years 7 months: Cut by 40 basis points Last Wednesday, April 9, ...