Finance

Latest FD Rates of Canara Bank, Axis Bank, Indian Bank, Kotak Mahindra Bank After RBI’s Repo Rate Cut.

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Latest FD Rates

In a key move aimed at boosting economic activity, the Reserve Bank of India (RBI) recently announced a repo rate cut of 25 basis points. This monetary easing has had a ripple effect across the banking sector, with several major banks revising their fixed deposit (FD) interest rates. Notably, Canara Bank, Axis Bank, Indian Bank, … Read more

RBI Repo Rate Cut June 2025: Impact on Loans, EMIs, FD Returns & Economy Explained.

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RBI Repo Rate Cut

Key Highlights of the RBI’s June 2025 Policy Decision 1. Repo Rate Cut to 5.50% The repo rate, the rate at which the RBI lends to commercial banks, was reduced by 50 basis points to 5.50%. This move aims to stimulate economic growth by making borrowing cheaper for businesses and consumers. 2. CRR Reduced to … Read more