News

RBI cuts repo rate by 25 bps, maintains neutral stance

By Khushboo Kumari February 7, 2025 2025 current account deficit digital payments economic growth financial stability fiscal policy GDP growth global remittances government securities India economy inflation control interest rate market efficiency Monetary policy RBI RBI cuts repo rate by 25 bps maintains neutral stance repo rate cut reserve bank of india Sanjay Malhotra tax cuts two-factor authentication

NEW DELHI: The Reserve Bank of India (RBI) has announced a 25-basis-point reduction in the policy repo rate, bringing it down from 6.5% to 6.25%.…

Business

SBI increased lending rate by 10 bps; effective from June 15

By Aman Kumar Himanshu June 15, 2024 EMI Hike interest rate Loan MCLR sbi State bank of india

NEW DELHI: The State Bank of India (SBI), the country’s largest lender, has increased its marginal cost of funds-based lending rate (MCLR) by 10 basis…

THE NEW INDIAN

interest rate

RBI cuts repo rate by 25 bps, maintains neutral stance

SBI increased lending rate by 10 bps; effective from June 15

About the New Indian

Rohan Dua | Follow Him

Aarti Tikoo | Follow Her