If SBI reduces interest rates by 25 basis points following the RBI’s repo rate cut, how will it impact the maturity amount for 1-10 year fixed deposits, and what do the current rates look like compared to the estimated new rates?

If SBI reduces interest rates by 25 basis points following the RBI’s repo rate cut, how will it impact the maturity amount for 1-10 year fixed deposits, and what do the current rates look like compared to the estimated new rates?

by | Jun 7, 2025 | Central Bank of India, RBI, State Bank of India

The Reserve Bank of India (RBI) made a surprise announcement on June 6, as Governor Sanjay Malhotra revealed the Monetary Policy Committee’s (MPC) decision to reduce the repo rate by 50 basis points (bps) to 5.5%. This move is expected to provide relief to loan...
Standard Chartered predicts gold prices will stabilize in the short term, with a potential surge to $3,100 before resuming its upward momentum, according to TradingView News.

Standard Chartered predicts gold prices will stabilize in the short term, with a potential surge to $3,100 before resuming its upward momentum, according to TradingView News.

by | May 28, 2025 | Central Bank of India, Standard Chartered

Standard Chartered has adjusted its stance on gold, downgrading it from a top pick to a “core holding” as it anticipates a short-term consolidation in prices. Despite this year’s significant rally, the bank expects gold prices to experience a period...