a decision influenced by the Reserve Bank of India's (RBI) recent cut in the repo rate from 6.25% to 6.00%. This adjustment by the banks is intended to pass on the benefits of the lowered repo ...

With the RBI’s accommodative stance signalling a room for further cuts in the repo rate, analysts point to a favourable environment for investors exploring fixed income options. Since January 2025, 10 ...

Earlier this month, the Reserve Bank of India (RBI) once again opted to reduce the repo rate by 25 basis points, bringing it down to 6%. This second successive cut by the central bank comes right ...

ICICI Bank on Saturday reported a standalone net profit of ₹12,630 crore for the three months through March, up 18% from the same period last year. It beat Bloomberg’s consensus estimate of ...

The Reserve Bank of India slashed key interest rate by 25 basis points last week for the second time in a row to support growth facing the threat of reciprocal tariffs by the US (Photo: PTI) The ...

Analysts expect more banks to follow suit, as the sector adjusts to the 25-basis-point cut in the benchmark repo rate to 6.00 per cent announced by the RBI’s Monetary Policy Committee last week.

New Delhi: The RBI has already embarked on a rate cutting ... cut in each of the June and August policy meetings, taking the repo rate down to 5.5 per cent this fiscal (FY26).

The RBI's Monetary Policy Committee (MPC) on April 9 announced a 25-basis-point (bps) cut in the repo rate, reducing it from 6.25 per cent to 6 per cent. This marked the second consecutive rate ...

As inflation hits a multi-year low and expectations remain subdued, a rate cut by the Reserve Bank of India (RBI) of 50 basis points is possible in June and August, said a report by SBI Research.

These measures indicate PNB's commitment to passing on the benefits of RBI's policy changes to its customers. Indian Bank has similarly adjusted its repo benchmark rate and related lending rates ...

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, ...

With both conditions now met, banks have taken the cue from the Reserve Bank of India's (RBI) repo rate cut of 25 basis points (bps) last week. While the liquidity surplus stood at ₹2.08 ...