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Following the Reserve Bank of India's decision to cut the repo rate, several banks have begun lowering their lending rates.
The RBI cut the repo rate by 50 basis points to 5.50 percent. Banks like Bank of Baroda, PNB, UCO Bank, and HDFC Bank have followed the suit to reduce their lending rates.
The most immediate beneficiaries are existing borrowers with loans linked to the repo rate or external benchmarks. Home loan ...
The banking index Bank Nifty extended its rally on Monday, June 9, touching a fresh lifetime high and crossing the 57,000 ...
44m
NDTV Profit on MSNHDFC Bank Cuts MCLR Rates 10 Basis PointsThe Reserve Bank of India announced a 50 basis points rate cut last week, making major front-line banks cut their lending ...
Rupee depreciates against US dollar due to high crude oil prices, aggressive RBI rate cut, and dollar index rise.
The sharp rise in Bajaj Finances stock price was driven by significant buying from various domestic and international ...
27mon MSN
The Reserve Bank of India's significant 50 bps repo rate cut to 5.5% in June 2025 is poised to boost India's housing market ...
55m
ET Now on MSNBank stocks to BUY, SELL or HOLD after RBI MPC outcome: Axis Bank, ICICI Bank, Federal Bank and moreBrokerage firm Investec has recommended 7 bank stocks to buy after RBI MPC outcome. The brokerage said that RBI's positive ...
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