RBI MPC has cut interest rates after 5 years. On 7 February 2025, RBI MPC cut the rate by 0.25 percent after a three-day ...

State Bank of India recorded an 84% increase in Q3 net profit to Rs 16,891 crore, driven by a lower base year. Despite a 14% ...

A decrease in the repo rate will now prompt banks to lower their lending rates, making home loans more affordable.

The repo rate cut, combined with the benefits from the revised tax slabs announced in the Union Budget 2025 for the new tax ...

The repo rate influences interest rates on loans, including home loans. When the RBI lowers the repo rate, banks typically ...

The RBI MPC reduced key lending rates by 25 basis points to 6.25%, the first rate cut in nearky five years under the leadership of newly appointed RBI Governor Sanjay Malhotra.

SBI's asset quality remained stable on a year-on-year basis. Gross NPA ratio for the December quarter stood at 2.07% from ...

SBI did not have to make a ₹7,100-crore provision for employee pension and wages, boosting profit growth at the country's ...