The decision of the Reserve Bank of India (RBI) to cut the repo rate by 25 basis points could be a much-needed relief for the consumers who have been grappling with the pressure of inflation and ...

Kolkata: Developers in Kolkata are eyeing a major boost in affordable home sales following the repo rate cut by the Reserve Bank of India, which will see a reduction in equated monthly instalments ...

Having commenced the easing cycle by cutting the benchmark repo rate by 25 basis points (bps) in its latest monetary policy committee (MPC) meeting, the Reserve Bank of India (RBI) will likely cut ...

Mumbai: Reserve Bank of India on Friday cut the repo rate by 25 basis points, ending the longest pause in the history of the monetary policy framework, a move which is expected to make loans cheaper.

The last time there was any movement on the repo rate was in February 2023 when the RBI had ended its hiking cycle, coming out of the pandemic led repo rate of 4.0%. The repo rate was held at 6.50 ...

The monetary policy committee of RBI will cut repo rate by another 75 basis points in the year 2025, Bank of Baroda said in a note. The Tribune, now published from Chandigarh, started publication ...

As Reserve Bank of India (RBI) has cut down repo rate by 50 basis points on Friday, triggering a rate cut cycle. Now, there is an expectation that banks would bring down the fixed deposit (FD ...

The central bank, under its new governor Sanjay Malhotra, cut the repo rate by 25 basis points, taking it down to 6.25 per cent. One of the major sectors that could be impacted by this development ...

Private lending major HDFC Bank has increased its Marginal Cost of Funds-based Lending Rate (MCLR) for the overnight tenure by 5 bps from 9.15 per cent to 9.20 per cent. This is effective from ...

She also tweaked tax slabs in a manner that the highest tax rate in the country — 30% — will come into effect only after one reaches an annual income of Rs 24 lakh per annum, or Rs 2 lakh per ...