Good news for borrowers as India's largest bank worth Rs 70700000 crore reduces interest rates by...
Monday, 16 June 2025 () The revised rates come into effect from June 15, 2025. The rate reduction is in response to the June 6 RBI jumbo rate cut by 50 basis points to support growth.
India's central bank cuts interest rates more than expected, citing muted inflation and a need to kickstart economic growth as the impact of US tariffs weighs on the country's outlook. The Reserve Bank..
Chancellor Rachel Reeves has welcomed the cut to interest rates announced by the Bank of England. Interest rates have gone from 4.5% to 4.25%. Ms Reeves said: "We have had four interest rate cuts now..
The Bank of England has cut interest rates from 4.5% to 4.25%. Shadow chancellor Mel Stride reacted to the news, claiming Labour's policies have prevented higher cuts to interest rates. Report by..
State Bank of India reduced its lending rates by 50 basis points, effective June 15, 2025, lowering RLLR to 7.75% and EBLR to 8.15%. Fixed deposit rates for... IndiaTimes
Monday, 16 June 2025 ()
![India's central bank cuts rates more than expected to boost growth [Video]](https://video.newsserve.net/300/v/20250606/1413155668-India-central-bank-cuts-rates-more-than.jpg)
![Chancellor welcomes interest rate cut [Video]](https://video.newsserve.net/300/v/20250508/1410218508-Chancellor-welcomes-interest-rate-cut.jpg)
![Bank of England cuts interest rates to 4.25% [Video]](https://video.newsserve.net/300/v/20250508/1410199570-Bank-of-England-cuts-interest-rates-to.jpg)
