SBI estimates this move will release around ₹2.5 lakh crore in primary liquidity into the banking system by the end of ...

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

Mumbai, June 8 (IANS): Several major banks, including Punjab National Bank (PNB), Bank of India and UCO Bank, have slashed ...

RBI reduced the repo rate to 5.5% and also changed its policy stance from 'accommodative' to 'neutral', suggesting that it ...

Bank of India and UCO Bank, have slashed their lending rates following the Reserve Bank of India's (RBI) recent decision to ...

Bank of India and UCO Bank, have slashed their lending rates following the Reserve Bank of India's (RBI) recent decision to ...

In addition to the repo rate cut, the RBI also reduced the Cash Reserve Ratio (CRR) by 100 basis points, from 4 per cent to 3 ...