NEW DELHI: “The fourth straight cut in the benchmark repo rate is a welcome step which will make borrowings cheaper and would help boost in demand in several sectors like real… Read more »
NEW DELHI: After linking its short-term loans and large savings deposits rates to the repo rate, the largest lender State Bank of India (SBI) on Friday said it will introduce… Read more »
NEW DELHI: The Reserve Bank of India (RBI) reduced repo rate by 25 basis points to 6.25 per cent on Thursday, in a bid to boost lending and fuel growth… Read more »
“RBI’s decision to keep the repo rate unchanged at 6.25% is disappointing, though not unexpected. The fact that credit growth has slipped to multi-year lows, despite lending rates falling by… Read more »