Will banks slash fixed deposit rates now with RBI repo rate cut? Should investors look for other avenues?
The RBI announced a reduction in the repo rate to 6.25% on Friday, marking the first cut in almost five years. This rate represents the interest at which commercial banks can borrow from the central bank.
RBI's repo rate cut may impact fixed deposit interest rates
The Reserve Bank of India (RBI) 's Monetary Policy Committee (MPC) has started an interest rate cut cycle by slashing the repo rate by 25 basis points. This is usually followed by a similar cut in both loan interest and deposit rates.
RBI cuts repo rate by 25 bps: FD rates may come down -Here's what investors can do
The repo rate (repurchase rate) is the interest rate at which the central bank lends money to commercial banks when there is a shortage of funds.
RBI cuts repo rate: What this means for fixed deposit investors
The repo rate is the interest rate at which the RBI lends money to banks. When the central bank lowers this rate, banks can borrow funds at a lower cost. However, it also leads to a drop in deposit rates,
India's central bank cuts repo rate for first time in nearly 5 years
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at its slowest pace in four years during the current fiscal year.
India cuts rates for first time in nearly 5 years to combat slowing growth
New central bank governor Sanjay Malhotra loosens monetary policy despite high inflation hitting consumer spending
India central bank cuts interest rates amid easing inflation
Central banks around the world cut interest rates last year, with India maintaining higher rates due to lingering inflation. India maintained high rates due to lingering inflation. Last year, India's economy grew at a rate of 8%.
India's central bank delivers first rate cut in nearly 5 years
The Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years on Friday to provide stimulus to the economy, which is expected to grow at its slowest pace in four years in the current fiscal year.
RBI MPC: Rate cut may shrink FD returns. How senior citizens can lock in better rates now
The Reserve Bank of India (RBI) has cut the repo rate by 25 basis points to 6.25%—the first reduction in nearly five years.
Fixed deposit rates may fall after RBI cut - what investors can do now
The Reserve Bank of India (RBI) on Friday reduced the repo rate to 6.25%, marking the first cut in nearly five years. The ...
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These banks have revised FD rates ahead of RBI meeting
Ahead of the RBI MPC meeting which is set to end on February 7 with a likely cut in interest rates, several banks in India ...
SBI latest FD rates for senior citizens: Here's how much you will get on Rs 1 lakh investment
SBI offers a loan against fixed deposit and the interest rates are usually lower when compared to other loans.
Earn 8% or more: Lock in your FDs before banks start cutting interest rates
"Locking in an FD means securing a fixed interest rate for a specific period. Once invested, the money cannot be withdrawn ...
RBI MPC Meeting 2025: Major Banks Revise FD Interest Rates Ahead of Key Decision-Full List Inside
Ahead of the RBI MPC meeting outcome announcement, which is scheduled for February 7th, major banks across India have already ...
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Is your money safe? PPF vs FD during economic downturn
The Public Provident Fund (PPF) is a government-backed scheme with the highest safety. During downturns, while other ...
New fixed deposit schemes launched in January 2025: Interest rate of SBI, IDBI Bank, PNB, Bank of Baroda new FD schemes
In January 2025, major banks like SBI, PNB, IDBI, and Bank of Baroda launched new fixed deposit schemes and products with ...