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Following the Reserve Bank of India's decision to cut the repo rate, several banks have begun lowering their lending rates.
The RBI cut the repo rate by 50 basis points to 5.50 percent. Banks like Bank of Baroda, PNB, UCO Bank, and HDFC Bank have followed the suit to reduce their lending rates.
The banking index Bank Nifty extended its rally on Monday, June 9, touching a fresh lifetime high and crossing the 57,000 ...
According to HDFC Bank website, the new MCLR rates are effective from June 7. With the reduction, the overnight and one-month ...
The most immediate beneficiaries are existing borrowers with loans linked to the repo rate or external benchmarks. Home loan ...
The Reserve Bank of India announced a 50 basis points rate cut last week, making major front-line banks cut their lending ...
The Margin Trading Facility book reached ₹81,217 crore in June, close to the previous peak. Retail investors favour Tata ...
The Reserve Bank of India's significant 50 bps repo rate cut to 5.5% in June 2025 is poised to boost India's housing market ...
The sharp rise in Bajaj Finances stock price was driven by significant buying from various domestic and international ...
Rupee depreciates against US dollar due to high crude oil prices, aggressive RBI rate cut, and dollar index rise.
Nifty PSU Bank and Nifty IT were leading sectors on NSE. Track live updates on Indian stock markets here on June 9.