The bank rate is the interest rate that large commercial banks must pay on loans and advances to a central bank, such as the U.S. Federal Reserve Bank. The reverse repo rate is the rate at which a ...

The new repo rate — the interest rate at which banks borrow short-term funds — from the central bank was implemented on Sunday. With this, Bangladesh Bank changed its policy or repo rate for the third ...

The Reserve Bank of India (RBI) on April 9, 2025, cut the repo rate by 25 basis points (bps), bringing it down from 6.25 per cent to 6 per cent during the meeting of the Monetary Policy Committee ...

Major banks have cut their lending and deposit rates following Reserve Bank of India’s (RBI) 50 basis points cut in repo rate in 2025. The largest private sector bank HDFC Bank cut its deposit ...

The Reserve Bank of India (RBI) on Wednesday reduced the repo rate by 25 basis points, bringing it down to 6% from 6.25% earlier. Following this announcement, several leading public sector banks ...

The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist ...

All floating-rate retail loans, including home loans, sanctioned after October 1, 2019, are linked to external benchmarks, which is the repo rate in the case of most banks. So, these lenders will ...

The report points out that following the RBI's 25 basis point cut in repo rate in February, public sector banks reduced deposit rates by 6 basis points, and foreign banks reduced 15 basis points ...

Most home loan rates are linked to the external benchmark rate (EBR), which means the 25 basis point reduction would be transmitted to your home loan rate soon. With 50 basis points cut in repo ...

The Reserve Bank of India (RBI) cut the policy repo rate by 25 basis points last week and set it to 6.25 per cent from its current level of 6.5 per cent. People are now eagerly waiting to see how ...

FD Rates after RBI repo rate cut: Reserve Bank of India Governor Sanjay Malhotra today announced a cut in the key benchmark rate. The Monetary Policy Committee (MPC), headed by Malhotra ...

RBI MPC Meeting in February 2025: The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) lowered the repo rate or the interest rate at which the RBI lends to other banks ...