Monetary Policy Committee (MPC) saw no merit in waiting for the fog to lift. It cut rates for the third time in a row and by a larger-than-expected 50 basis points to 5.5%. Not content with that, it ...

After the RBI's surprise 50 bps repo rate cut, major state-run banks including PNB, Bank of Baroda and UCO Bank have reduced ...

SBI estimates this move will release around ₹2.5 lakh crore in primary liquidity into the banking system by the end of ...

Mumbai, June 8 (IANS): Several major banks, including Punjab National Bank (PNB), Bank of India and UCO Bank, have slashed ...

Nifty50 closed above 25,000 for the first time since May, driven by a surprise 50 bps rate cut and CRR reduction. June 2 ...

Bank of India and UCO Bank, have slashed their lending rates following the Reserve Bank of India's (RBI) recent decision to ...