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India Cuts Interest Rates For 1st Time Since 2020

Hosted on MSN · 1d

India's central bank cuts repo rate for first time in nearly 5 years

The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at its slowest pace in four years during the current fiscal year.

newsbytesapp.com · 18h

RBI's repo rate cut may impact fixed deposit interest rates

The Reserve Bank of India (RBI) 's Monetary Policy Committee (MPC) has started an interest rate cut cycle by slashing the repo rate by 25 basis points. This is usually followed by a similar cut in both loan interest and deposit rates.

Business Insider · 17h

India Cuts Interest Rates For First Time Since 2020

The Reserve Bank of India reduced its key interest rates for the first time in nearly five years as the newly appointed governor

18hon MSN

HDFC Bank increases lending rate by 5 bps on this tenure; check details

HDFC Bank has increased its overnight MCLR by 5 basis points to 9.20%, effective February 7, 2025, while other tenures remain ...

1d

Bank Nifty extends fall, crashes 500 points as HDFC Bank, ICICI Bank shares lose steam on lower growth forecast

Bank Nifty gave up the cautious gains of the early morning session to slip into losses. HDFC Bank stock fell as much as 2.2 ...

Yes Bank, Canara Bank To PNB — Check Best FD Rates Here

The highest interest rate offered on deposits for a one-year period is 7.75% by Yes Bank, while Bank of Baroda and Canara ...

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