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 ...

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 ...

The Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points, prompting several Indian banks to adjust their repo-linked lending rates (RLLR). This move is set to benefit home loan ...

Repo-linked rates lowered by 25 basis points and changes apply to home, personal and retail loans Following the Reserve Bank of India’s 25 basis point cut in the repo rate on Wednesday ...

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 ...

MUMBAI: Home loans and other borrowings are set to get cheaper with Reserve Bank of India reducing the repo rate by 25 basis points and vowing to keep the banking system flush with surplus ...

The dip can be linked to Trump's tariff trade war, which raised expectations that UK interest rates may be cut this year, and led to predictions that mortgages may fall. Managing director at ...

The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist ...

Indian Bank announced a reduction in its Repo Linked Benchmark Lending Rate from 9.05 % to 8.70 % effective April 11. The RBLR is being reduced by 0.35% (35 basis points), directly reflecting the ...

The report points out that following the RBI's 25 basis point cut in repo rate in February, public sector banks reduced deposit rates by 6 basis points, and foreign banks reduced 15 basis points, ...

The report points out that following the RBI's 25 basis point cut in repo rate in February, public sector banks reduced deposit rates by 6 basis points, and foreign banks reduced 15 basis points ...