Allahabad Bank, State Bank of Bikaner & Jaipur (SBBJ), Yes Bank and Kotak Mahindra Bank on Thursday announced a cut in base rate by up to...
Hours after RBI’s announcement of an unexpected 50 bps in repo rate, country’s biggest lender State Bank of India on Tuesday announced a 40-basis-point cut in...
The RBI decision on Tuesday to cut repo rate by an unexpected 50 bps has been profusely welcomed by the developer community. In their reactions sent...
In an unexpected move, the Reserve Bank of India on Tuesday slashed the repo rate by 50bps, the highest cut in four years. The repo rate,...
HDFC Bank on Monday cut the base rate by 0.35 percent to 9.35 percent from the existing 9.70 percent, thereby making loans from the bank cheaper,...
“Though we were expecting that the RBI will reduce repo rate in continuation with the last three successive reductions, it took a long-term approach and shifted...
“It is a ‘Positive move as it indicates that interest rates will not go upward. In line with market expectation, RBI has kept repo rates untouched...
“The way this sector is behaving at present, we were expecting the RBI to give us a much-needed relief in the form of another rate cut...
“The RBI has already started the rate cut cycle as it had promised in the beginning of the year. We were anticipating a rate cut this...
“The real estate sector has been awaiting a rate cut by RBI to boost the demand in the housing sector. However, the RBI left the repo...