The move is expected to boost sectors such as real estate, which depends heavily on loans for its consumers to make a ...
RBI recently cut down repo rate by 50 basis points, so there is an expectation that banks would bring down the interest rates ...
With the RBI reducing the repo rate by 25 bps in the recent MPC meet, some banks may consider reducing their deposits rates, ...
The decrease in deposit rates results in diminished returns for fixed deposit (FD) investors, particularly senior citizens ...
The RBI has reduced the repo rate by 25 basis points to 6.25% for the first time in five years, aiming to boost economic growth. Industry leaders expect lower borrowing costs to drive credit demand, ...
Though the proportion of investing, loan repayment and spending are subjective, experts say, middle-aged individuals who have multiple financial responsibilities and goals ahead should invest 50% of ...
Those depositors who are looking to lock their money in fixed deposits may consider the current rates as the highest they ...
This is the first meeting of the panel under the leadership of RBI Governor Sanjay Malhotra, who assumed office in December ...
The rate cut is expected to bring relief to borrowers, as banks are likely to lower lending rates on home, auto and education ...
A lower repo rate means banks can borrow funds at a lower cost from the central bank and are expected to pass on the lower ...
“The rate cut, coupled with recent liquidity-boosting measures, is expected to drive fresh investments and kick-start the consumption cycle. Sectors such as banking, auto, FMCG, consumer durables, ...
The RBI has reduced the repo rate by 25 basis points to 6.25%, maintaining a neutral stance. Governor Sanjay Malhotra said ...