RBI Expected to Cut Repo Rate 3rd Time by 25 Basis Points in June 2025 MPC Meet: What It Means for Borrowers
RBI is anticipated to announce its third consecutive repo rate cut by 25 basis points when the Monetary Policy Committee concludes its three-day meeting on June 6, 2025. This would mark the third consecutive rate cut in 2025, reinforcing the central bank’s ongoing efforts to maintain a supportive liquidity stance amid moderating inflation and slowing […]
Big Reform Alert! Centre Proposes Online Property Registration & Mandates Key Document Digitization
In a major step towards simplifying property-related processes, the Central Government has proposed a landmark bill to digitize property registrations and modernize India’s century-old property law. If implemented, this move could revolutionize the way Indians buy, sell, and register property. Online Property Registration in India: A Digital Leap The proposed Registration (Amendment) Bill seeks to […]
SBI Tweaks FD Rates Down by 20 bps from May 16 – Depositors to See Slimmer Returns from India’s Banking Giant
India’s largest public sector lender, the State Bank of India (SBI), has once again revised its fixed deposit (FD) interest rates, slashing them by 20 basis points (bps) across all tenures for both the general public and senior citizens, effective May 16, 2025. This marks the second rate cut in the current financial year—the first […]
Private banks cut both FD & Savings Bank Rates after the repo rate drops
India’s largest private-sector lender, HDFC Bank, has recently reduced its savings account interest rate by 25 basis points, bringing it down to 2.75%, to manage costs and protect margins following the RBI’s repo rate cut. For account holders maintaining balances above ₹50 lakh, the interest now stands at 3.25%, down from 3.5%. This move significantly […]
RBI Governor Sanjay Malhotra Unveils Bold Move – Repo Rate Drops to 6%
RBI Governor Sanjay Malhotra said that the Monetary Policy Committee (MPC) had collectively voted to reduce the policy rate (i.e. repo rate) by 25 basis points on Wednesday (April 9, 2025), which is straight down to 6% with immediate effect. This marks the second consecutive policy rate cut this year. The previous reduction occurred in […]
RBI likely to slash down rates by 25 bps to 6% on April 9, says experts
As global markets experience a sharp downturn, many economists are urging the Reserve Bank of India (RBI) to take more decisive actions in its upcoming Monetary Policy Committee (MPC) meeting starting on Monday 7, 2025. This will be the first monetary policy meeting with the RBI Governor Sanjay Malhotra for the new financial year of […]
RBI’s Moves in the New Priority Sector Lending Norms to Benefit Homebuyers
The Central Bank of India (RBI) has revised Priority Sector Lending (PSL) norms, effective from the 1st of April. These changes in Priority Sector Lending (PSL) classification aim to fuel credit flow by increasing loan limits, expanding eligibility criteria, and raising targets. The most significant part of the revision is an increase in the home […]
RBI’s Proposal for Prepayment Fee Ban: An Indirect hit to NBFCs and Banks
In a move that is expected to reshape the lending landscape, the Reserve Bank of India (RBI) has proposed the removal of foreclosure charges on floating-rate loans for small businesses and individual borrowers. While this decision aims to benefit consumers, it is likely to have a more profound impact on Non-Banking Financial Companies (NBFCs) than […]
RBI’s Repo Rate Cut: An Incredible Opportunity for Loan Borrowers.
The New Reserve Bank of India (RBI) governor, Sanjay Malhotra, announced that the Monetary Policy Committee (MPC) decided to cut the repo rate by 25 basis points (bps) for the first time in last five years. The repo rate, which was benchmarked at 6.50% by MPC over eleven consecutive meetings, is now reduced to 6.25%. […]