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
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.
February 09, 2025 4:19 am
RBI Governor says will be “watchful, alert, nimble and agile” on liquidity
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.
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.
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.
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”.
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.
December 29, 2015 1:27 am
RBI allowed setting up of Payments Banks and Small Finance Banks.
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.




