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India bets on growth with steepest rate cut in 5 years

Reuters on MSN · 2d

India focuses on growth with larger-than-expected 50 bps cut in key rate; slashes reserve ratio

The Reserve Bank of India (RBI) cut its key repo rate by a larger-than-expected 50 basis points on Friday, a third consecutive reduction, and slashed the reserve ratio for banks as muted inflation provided space for policymakers to focus on supporting economic growth.

India.com on MSN · 1h

PNB, Bank of India, UCO Bank slash lending rates after RBI repo cut

Mumbai, June 8 (IANS): Several major banks, including Punjab National Bank (PNB), Bank of India and UCO Bank, have slashed their lending rates following the Reserve Bank of India's (RBI) recent decision to cut the repo rate by 50 basis points.

The Wall Street Journal on MSN · 1d

India Central Bank Delivers Larger-Than-Expected Rate Cut to Support Growth

India’s central bank surprised markets with a jumbo rate cut, seizing on cooling inflation to frontload monetary easing and bolster economic growth amid heightened global uncertainty.

20m

Good News for Borrowers! PNB, Bank of India & UCO Bank Cut Lending Rates—Home, Personal Loans To Get Cheaper

Starting June 10, borrowers can expect slightly lower interest rates on loans like home and personal loans.

Bank of Baroda Lowers Lending Rates: RBI Policy Cut Spurs Affordable Borrowing

Bank of Baroda has reduced its Repo Linked Lending Rate by 50 basis points following RBI's policy rate cut, making loans more ...

Your EMIs on Bank of Baroda loans will go down

State-owned Bank of Baroda Ltd has announced a 50 basis points reduction in its Baroda Repo Linked Lending Rate (BRLLR) to ...

1h

Bank of Baroda reduces repo-linked interest rates following RBI footstep

This move will make borrowing cheaper, which can encourage more people to take loans for homes, cars, or businesses.

Cryptopolitan on MSN1d

India’s RBI maintains stance on crypto despite Supreme Court directive

The Reserve Bank of India has said its stance on digital assets remains the same, despite the recent Supreme Court directive.

2d

India's central bank rejects Annapurna Finance's universal banking license application

The Reserve Bank of India said on Friday it has declined the application of Annapurna Finance for setting-up a universal bank ...

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