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 last week cut the repo rate from 6.50% to 6.25%, the first such reduction since 2020. According to ...

RBI's Monetary Policy Committee, which makes decisions on policy interest rates i.e. repo rate, had a meeting recently. It ...

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, ...

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

In the three-year category, the highest interest offered is 7.65% which is offered by both Kotak Mahindra Bank and Bank of Baroda. Axis bank closely follows with 7.60% interest for the three-year ...

February 6, the RBI cut repo rate by 25 basis points to 6.25 percent, which may impact depositors with likely lower fixed ...

Banks are expected to start lowering the rates on FDs in alignment with the decrease of the benchmark lending rate by the ...

RBI recently cut down repo rate by 50 basis points, so there is an expectation that banks would bring down the interest rates ...

The interest rates on various small savings schemes undergo a quarterly review and the rates for the next quarter (April-June ...