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 (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 ...

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 ...

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 ...

It determines the lower limit of the interest rate for a loan and is binding unless revised by the Reserve Bank of India. Introduced by the RBI in 2016, the MCLR is used for various floating-rate ...

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 ...

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 ...

The bank's repo-linked lending rate (RLLR) has now been reduced from 9.05 per cent to 8.80 per cent. State-owned Bank of Maharashtra (BoM) has announced reduction in lending rate linked to repo ...

How to Calculate the Repo Rate? The interest rates that commercial banks pay to the RBI or get when they put money in the RBI must be agreed upon and standardised. The repo rate is key to keeping ...

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).

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, ...