by Team Small News | Apr 14, 2025 | Bank of Maharashtra, RBI, State Bank of India
The State Bank of India (SBI), Bank of India, and Bank of Maharashtra have announced a reduction in their lending rates by 25 basis points (bps) following the Reserve Bank of India’s (RBI) decision to lower the repo rate last week. This move aims to make loans... by Team Small News | Apr 14, 2025 | Bank of Maharashtra, Indian Overseas Bank, RBI
The Bank of Maharashtra (BoM), a state-owned bank, has announced a reduction in its lending rate linked to the repo rate by 25 basis points. This move is in line with the Reserve Bank of India’s (RBI) recent decision to slash key interest rates by 25 basis... by Team Small News | Apr 14, 2025 | Indian Overseas Bank, RBI
Indian Overseas Bank (IOB) has announced a reduction of 0.25% in its repo-linked lending rate (RLLR) from 9.10% to 8.85%, providing a significant relief to home buyers. This move comes after the Reserve Bank of India (RBI) recently reduced its policy repo rate to... by Team Small News | Apr 13, 2025 | Bank of Baroda, Indian Overseas Bank, RBI
Indian Overseas Bank (IOB) has announced a 25 basis points reduction in its Repo Linked Lending Rate (RLLR), effective immediately. The new rate stands at 8.85%, down from 9.10%. This move comes after the Reserve Bank of India’s (RBI) Monetary Policy Committee...
by Team Small News | Apr 13, 2025 | Axis bank, Bank of Baroda, HDFC Bank, ICICI Bank, Punjab National Bank, RBI, State Bank of India
HDFC Bank, India’s second-largest bank by assets, has reduced its interest rate on savings accounts by 25 basis points to 2.75%. This reduction is effective from April 12 and applies to savings accounts with balances less than Rs 50 lakh, earning an interest... by Team Small News | Apr 13, 2025 | Indian Overseas Bank, RBI
The Indian Overseas Bank has announced a reduction in its repo-linked lending rate by 25 basis points, effective immediately. The bank made this announcement on Saturday following a decision by the Reserve Bank of India (RBI) to cut the policy repo rate from 6.25% to...