by Team Small News | Jun 19, 2025 | Bank of Baroda, HDFC Bank, ICICI Bank, IndusInd Bank, RBI, RBL Bank, State Bank of India
Major banks in India, including State Bank of India (SBI), HDFC Bank, and ICICI Bank, have reduced their interest rates on savings accounts following a 50 basis point repo rate cut by the Reserve Bank of India (RBI) in June 2025. The cumulative rate cut for this year... by Team Small News | Jun 18, 2025 | Central Bank of India, RBI
The business environment is expected to improve for non-banking financial companies (NBFCs) due to two recent developments: the Reserve Bank of India’s (RBI) 50 basis point rate cut and the easing of risk weight norms on unsecured lending. The RBI’s rate... by Team Small News | Jun 17, 2025 | RBI
The Reserve Bank of India (RBI) conducted a government switch auction on Monday, with a notified amount of ₹25,000 crore. However, the RBI only accepted ₹9,296 crore, which is significantly lower than the initial amount planned. This suggests that market participants... by Team Small News | Jun 16, 2025 | RBI
The Reserve Bank of India (RBI) has introduced the Separate Trading of Registered Interest and Principal of Securities (STRIPS) facility in state government bonds, a move that is expected to be a game-changer for insurance companies. STRIPS allows bond traders to... by Team Small News | Jun 15, 2025 | HDFC Bank, RBI
HDFC Bank has announced a 0.50% interest rate cut on home loans, effective from the next interest rate reset date, following the Reserve Bank of India’s (RBI) reduction of the repo rate on June 6, 2025. This rate cut will be automatically applied to all home...
by Team Small News | Jun 14, 2025 | Axis bank, Bank of Baroda, HDFC Bank, ICICI Bank, Punjab National Bank, RBI, State Bank of India
The Reserve Bank of India’s (RBI) recent 50 basis points (bps) repo rate cut has led to a significant reduction in home loan interest rates. Both public and private banks have reduced their lending rates, making it an attractive time for homebuyers to avail of...