With the latest cut, the repo rate now stands at 6%. Further, the RBI Governor announced the change in the monetary policy stance from neutral to accommodative. Due to change in the stance ...

Governor Sanjay Malhotra on Wednesday announced that the central bank is reducing the repo rate by 25 basis points (bps) and this will affect EMIs, as they may get cheaper.

This means MCLR borrowers have not seen a reduction in their EMIs. Nearly 36 per cent of all floating rate loans are priced ...

The first 25 bps cut could come as early as the next Monetary Policy Committee (MPC) meeting, said CS Shetty, Managing ...

The Reserve Bank may cumulatively cut the key interest rate in the range of 125-150 basis points this fiscal amid benign inflationary patterns, an SBI Research report said on Monday. The study suggest ...

The Reserve Bank may cumulatively cut the key interest rate in the range of 125-150 basis points this fiscal amid benign ...

Going forward, continuing policy easing - both rate cuts and liquidity infusions - could eventually alter the ...

BEIJING (Reuters) -China's central bank said on Wednesday it would lower the borrowing cost of its seven-day reverse ...

SBI Research expects the Reserve Bank of India (RBI) to cut interest rates by 125-150 basis points this fiscal, citing benign ...

The debt purchases are likely to increase the liquidity in the banking system, helping transmit the two rate cuts announced ...

Other banks that reduced their lending rates include Indian Bank, Bank of India and Bank of Baroda. Indian Bank recently ...

Canara Bank and Indian Bank have reduced their lending rates following RBI's decision to cut the repo rate. This move aims to ...