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RBI repo rate cut

RBI REPO RATE CUT NEWS

SBI, BOI, Indian Bank reduce lending rates post repo rate cut

April 15, 2025 10:52 pm

The reduction in the lending rates will provide relief to borrowers of various loans, including home and personal, as their equated monthly instalments (EMIs) will decline

RBI repo rate cut impact: SBI, Bank of India cut FD rates on select tenors

April 12, 2025 10:06 pm

This reduction in FD rates will impact depositors, especially senior citizens, who are dependent on interest earned from fixed deposits parked with banks.

Expect durable recovery in private investment following rate cut, tax relief: FM Sitharaman

February 09, 2025 4:19 am

RBI Governor says will be “watchful, alert, nimble and agile” on liquidity

Private banks lag in cutting lending rates, but slash deposit rates faster than PSBs

March 09, 2020 1:00 am

Banking industry executives said transmission is relatively faster on fresh loans, but that on outstanding portfolio takes times to adjust to new regime.

RBI cuts rate by 35 basis points, cites concerns over growth

August 08, 2019 4:13 am

This is the fourth consecutive cut this year, bringing down the repo rate — the rate at which the RBI lends funds to banks — by a total of 110 basis points from 6.50 per cent.

Interest rates to slowly become reasonable: Arun Jaitley

August 03, 2017 7:28 pm

The Reserve Bank, in its third bi-monthly monetary policy of the fiscal, yesterday had reduced the repo rate after a gap of almost 10 months by 0.25 per cent to 6 per cent. The new repo rate at 6 per cent is the lowest in six-and-a-half years. The last rate cut was effected in October 2016.

RBI cuts repo rate by 25 basis points: Full text of the Monetary Policy Committee

August 02, 2017 9:56 pm

India’s Monetary Policy Committee cut's decides to cut the repo rate by 25 basis points, but, aims remain "focused on its commitment to keeping headline inflation close to 4 per cent on a durable basis”.

RBI rate cut important step for sustained growth: Finance Ministry

August 02, 2017 7:37 pm

The monetary policy statement was arrived at after a two-day meeting of the MPC headed by RBI Governor Urjit Patel. The MPC has decided to keep the policy stance neutral and to watch incoming data with a view to keeping headline inflation close to 4 per cent.

Reforms in 2015: How far have we come

December 29, 2015 1:27 am

RBI allowed setting up of Payments Banks and Small Finance Banks.

Yashwant Sinha slams RBI for measly rate cuts, questions growth data

June 25, 2015 1:00 am

Sinha also urged the small entrepreneurs to grab the opportunity to collaborate with foreign firms instead of depending on the governments.

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