India  
 
NewsR.in

RBI repo cut effect: HDFC slashes lending rates by 10 bps; new rates already in effect

IndiaTimes Sunday, 8 June 2025 ()
HDFC Bank has lowered its benchmark lending rates by 10 basis points across all loan tenures, effective June 7, following the Reserve Bank of India's unexpected 50 basis point repo rate cut. The RBI also reduced the CRR by 100 basis points to 3%, injecting Rs 2.5 lakh crore into the banking system to revive the slowing economy.
0
shares		ShareTweetSavePostSend
 

You Might Like


Related news from verified sources

After RBI’s Repo Rate Cut, THESE 6 Banks Slash Loan Rates: HDFC, BoB, UCO, BoI & More– Check Full List

 Bank of Baroda has reduced its repo rate-linked lending rate (RLLR) by 50 basis points, following the RBI’s recent rate cut.
Zee News

Four public sector banks cut lending rates after RBI move

 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