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

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

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 ...

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

This is different from the Marginal Cost of ... Based Lending Rate and Base Rate remain unchanged. Indian Bank – Repo Benchmark Rate dropped from 6.25% to 6.00% for all repo-linked loans.

India’s largest private lender, HDFC Bank, says borrowers can expect to feel the impact of recent RBI rate cuts starting this quarter.

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, ...

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.

HDFC Bank announces a decrease in its Marginal Cost of Funds-based Lending Rates. This reduction provides relief to borrowers with loans linked to MCLR. The MCLR has been lowered by up to 15 basis ...

Here we list the highest interest rates offered by different banks on fixed deposits across tenures to senior citizens ...

Canara Bank and Indian Bank have announced reductions in their lending rates, a decision influenced by the Reserve Bank of India's (RBI) recent cut in the repo rate from 6.25% to 6.00%. This ...

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, ...