The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...
The monetary policy committee of RBI will cut repo rate by cumulatively 75 basis points in the year 2025, Bank of Baroda said ...
However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...
The Reserve Bank of India cut its policy rate for the first time in nearly five years as economic growth slows and inflation ...