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When the RBI buys bonds, it injects liquidity into the banking system, making it cheaper for lenders to borrow from each other overnight.
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NDTV Profit on MSNBanks Start Lowering MCLR A Month After RBI's Repo Rate CutWhile the RBI has cut repo rate, it is yet to completely reflect in a cut in deposit rates, which typically happens with a ...
SBI Research expects a 125 bps rate cut in FY26 as inflation falls to multi-year lows, with liquidity measures like OMOs and ...
After RBI cut repo rate by 25 bps, your loan EMIs are set to go down. SBI, HDFC, PNB and more banks have slashed lending rate.
Other banks that reduced their lending rates include Indian Bank, Bank of India and Bank of Baroda. Indian Bank recently ...
The RBI's Monetary Policy Committee (MPC) on April 9 announced a 25-basis-point (bps) cut in the repo rate, reducing it from 6.25 per cent to 6 per cent. This marked the second consecutive rate ...
The RBI's Monetary Policy Committee (MPC) on April 9 announced a 25-basis-point (bps) cut in the repo rate, reducing it from 6.25 per cent to 6 per cent. This marked the second consecutive rate ...
As per RBI’s latest data release, credit growth dipped sharply in April. From 10.9% YoY growth at the beginning of April, it ...
HDFC Bank announces a decrease in ... It determines the lower limit of the interest rate for a loan and is binding unless revised by the Reserve Bank of India. Introduced by the RBI in 2016 ...
Canara Bank has reduced its MCLR by 10 bps across all tenors, making loans linked to the benchmark cheaper. The new rate is ...
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