Banks tend to lower the interest rates on FDs when the RBI decreases its short-term lending rate, popularly known as 'repo ...
The repo rate is the interest rate at which the RBI lends money to banks. When the central bank lowers this rate, banks can ...
The RBI Governor's speech mentioned the tax cuts in the Union Budget saying that the household consumption is expected to ...
Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which ...
Home, auto and other loans are likely to see a drop in interest rates after the Reserve Bank of India under a new Governor cut the key benchmark rate on Friday for the first time in almost five years ...
Discover the RBI's 25 basis points repo rate cut to 6.25%, its impact on economic growth, credit support, and inflation ...
The former revenue secretary in the Ministry of Finance, Malhotra is expected to announce the cuts to lower interest rates ...
State of government finances, concessions offered to tax-payers, and the commitment to progress on the fiscal glide path is eminently complemented by the monetary measures makes this policy different ...
With the Budget exempting middle income group I (under Rs 12 lakh annual income) from income taxes, the borrowing rate cut is expected to redirect consumer spending to long term investments, ...
RBI Governor Sanjay Malhotra addresses the press during a live session on the Monetary Policy Statement. The statement ...
The RBI today announced a 25 basis point rate decrease, reversing the interest rate cycle after holding rates steady for five ...
RBI's decision to reduce the repo rates by 25 bps piggybacks on the recent taxation benefits announced in the Union Budget ...
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