RBI Cuts Repo Rate: Major Banks Slash Lending Rates; Know Objective Behind It
Sunday, 8 June 2025 RBI Repo Rate Cut: In addition to the repo rate cut, the RBI also reduced the Cash Reserve Ratio (CRR) by 100 basis points, from 4 per cent to 3 per cent.
India's central bank cuts interest rates more than expected, citing muted inflation and a need to kickstart economic growth as the impact of US tariffs weighs on the country's outlook. The Reserve Bank of India lowers the benchmark repo rate, the level at which it lends to commercial banks, by 50...
Following the RBI's repo rate cut, public and private sector banks are adjusting lending rates. Existing borrowers with floating-rate loans are poised to benefit... IndiaTimes
Despite repo rate cuts, some small finance banks offer attractive FD rates above 8%. Slice Small Finance Bank leads with 9% for specific tenures. While these... IndiaTimes
Sunday, 8 June 2025
