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BENGALURU (Reuters) - The Bank of Thailand (BOT) is set to cut its key interest rate by a quarter percentage point on ...
India's Monetary Policy Committee (MPC), which consists of three members of Reserve Bank of India (RBI) and three external ...
Turkey's President Erdogan's experience with central bank interference serves as a warning, as it led to a currency collapse ...
As of Monday, the 11 U.S.-listed spot Bitcoin ETFs, considered a proxy for institutional activity, were on track to register the second-highest cumulative monthly outflow of over $800 million, ...
NEW DELHI (Reuters) - India is likely to receive above-average monsoon rains in 2025, the government said on Tuesday, raising expectations of higher farm and economic growth in Asia's third-biggest ...
Mumbai:Following the Reserve Bank of India’s (RBI) repo rate cut, the country's largest lender State Bank of India (SBI) has reduced its lending rate by 25 basis points making home, auto and ...
SBI’s External Benchmark Based Lending Rate (EBLR) will drop from 8.90 per cent to 8.65 per cent, while its Repo Linked Lending Rate (RLLR) will be reduced to 8.25 per cent from the current 8.50 ...
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 ...
Punjab National Bank (PNB) has cut its rate from 9.1% to 8.85%, effective from April 10, 2025. There are no changes to the bank’s existing marginal cost of funds-based lending rate (MCLR) and ...
RBI reduces repo rate by 25 basis points. Kotak Mahindra Bank cuts FD rates by 15 basis points. Canara Bank lowers FD rates by up to 20 basis points. The Reserve Bank of India (RBI) has reduced ...
How repo rate cut affect home loan borrowers? EBLR: If your loan is tied to the EBLR, your interest rate will decrease, leading to lower EMIs or a shorter loan tenure. MCLR: For loans tied to the MCLR ...
A reduction in the repo rate allows banks to borrow more cheaply, often leading to lower interest rates on loans for consumers and businesses. New Delhi: The Reserve Bank of India (RBI ...
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