In the just concluded three-day monetary policy committee meeting, the RBI decided to raise the repo rate, the rate at which the RBI lends money to all commercial banks, by 25 basis points to 6.5 per cent.
In the just concluded three-day monetary policy committee meeting, the RBI decided to raise the repo rate, the rate at which the RBI lends money to all commercial banks, by 25 basis points to 6.5 per cent.
The US central bank's policy rate is now in a target range of 4.25-4.50 per cent, the highest level in 15 years, and notably, it was near zero in the early part of 2022.
Pune (Maharashtra) [India], December 23 (ANI/NewsVoir): With effect from December 22, 2022, Bajaj Finance, the lending division of Bajaj Finserv Limited, increased its fixed-rate (FD) rates by up to 25 basis points for terms of 12 to 24 months. The updated Bajaj Finance FD rates will apply t
New Delhi [India] August 9 (ANI): Housing finance company HDFC has increased its retail prime lending rate on housing loans by 25 basis points, it said in a regulatory filing to the exchanges late on Monday night.
New Delhi [India], April 22 (ANI): Public sector lender Bank of Baroda on Friday said it has lowered the interest rate on home loans by 0.25 per cent or 25 basis points to 6.50 per cent for a limited period till June 30.
Singapore, Apr 10 (ANI): Fitch Solutions has revised its forecast for the Reserve Bank of India (RBI) to keep its policy repurchase (repo) rate on hold at 4 per cent over the course of FY22 (April 2021 to March 2022) from its prior view for a 25 basis points cut to 3.75 per cent.
Singapore, December 8 (ANI): Fitch Solutions has maintained that the Reserve Bank of India (RBI) will lower its policy repurchase (repo) rate by another 50 basis points by the end of FY22 (April 2021 to March 2022) with forecasts specifically looking at 25 basis points at the last FY21 polic
Mumbai (Maharashtra) [India], October 21 (ANI): Aiming to facilitate and encourage "home buyers to plan their dream house" this festive season, India's largest lender State Bank of India (SBI) on Wednesday announced a concession of as high as 25 basis points (bps) in home loan rates.
Mumbai (Maharashtra) [India], April 17 (ANI): The Reserve Bank of India (RBI) on Friday announced a reduction in reverse repo rate by 25 basis points from 4 per cent to 3.75 per cent to facilitate bank credit flows amid the coronavirus crisis and subsequent countrywide lockdown which has
Mumbai (Maharashtra) [India], April 17 (ANI): The Reserve Bank of India (RBI) today reduced the reverse repo rate by 25 basis points from four per cent to 3.75 per cent in a bid to inject liquidity in financial markets. However, the repo rate remains unchanged.
New Delhi [India] Dec 31 (ANI/NewsVoir): With State Bank of India, the country's largest lender, reducing interest rates on home loans by 25 basis points to 7.9 per cent and other lenders likely to follow suit, the year 2020 seems to have begun on a promising note for developers, particularl