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EMIs fall as govt-run banks pass on rate-cut benefits
June 10, 2025
|The New Indian Express Kalaburagi
Pvt sector peers cautious of margins, taking more calculated approach
MANY large public sector banks such as Bank of Baroda, Punjab National Bank, Bank of India, and Uco Bank have reduced their repo-linked lending rates by 50 bps for their existing borrowers in response to the Reserve Bank's unconventional 50 bps reduction in the repo rate to 5.5% last Friday.
The RBI also slashed the cash reserve ratio (CRR) by 100 bps to 3% in a staggered manner between September and end-November, which will help them protect their margins which have been under pressure since long due to higher pricing of deposits.
هذه القصة من طبعة June 10, 2025 من The New Indian Express Kalaburagi.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The New Indian Express Kalaburagi
The New Indian Express Kalaburagi
No Russia crude in January, says RIL
A day after US President Donald Trump threatened to raise tariffs if New Delhi continues to buy Russian oil, Reliance Industries (RIL) on Tuesday vehemently denied a Bloomberg report that claimed it continues to get crude oil from Russia.
1 min
January 07, 2026
The New Indian Express Kalaburagi
Ind-Ra sees GDP easing to 6.9%, rupee averaging at 92.26 next fiscal
FORECASTING a 7.4% economic expansion this fiscal, India Ratings sees the economy printing in 6.9% next fiscal, buoyed by domestic reforms that will help it tide over the global headwinds, especially those arising from steep 50% tariffs in exports to the US, along with the falling rupee, which it sees averaging around 92.26.
1 min
January 07, 2026
The New Indian Express Kalaburagi
2 Punjabi-origin illegal Indian migrants held in US for cocaine trafficking
TWO illegal Punjabi-origin
1 mins
January 07, 2026
The New Indian Express Kalaburagi
HCs' reply on gender sensitisation panels sought
ALSO IN TOP COURT
1 mins
January 07, 2026
The New Indian Express Kalaburagi
Hoax bomb threats target K’taka cities
VARIOUS courts across Karnataka, including the High Court bench in Dharwad and district courts in Mysuru, Gadag and Bagalkot were put on high alert after receiving emails warning of bomb explosions inside the court premises on Tuesday morning.
1 min
January 07, 2026
The New Indian Express Kalaburagi
Committed to better edu, health, roads & drinking water in Bastar, says CM
PANCHAYAT representatives from the remote gram panchayats of Sukma district, in a public exposure tour scheme under Hamar Chhattisgarh Jan Bhraman Yojana, paid a courtesy call to CM Vishnu Deo Sai at the state secretariat in Nava Raipur on Tuesday.
1 min
January 07, 2026
The New Indian Express Kalaburagi
Another Hindu man killed in B'desh, second in 24 hours
A 40-year-old Hindu man was allegedly killed in Bangladesh on Monday night after unidentified attackers struck him with sharp weapons in the second such incident involving a Hindu businessman in the country within 24 hours, police and local media said.
1 mins
January 07, 2026
The New Indian Express Kalaburagi
HC asks chief secy to appear over water contamination
COMING down heavily on the Madhya Pradesh government over deaths caused by contaminated water in Indore, the High Court on Tuesday said the incident had hurt the city’s reputation as India’s cleanest city and made it infamous for supplying poisonous water.
1 mins
January 07, 2026
The New Indian Express Kalaburagi
ISL dribbles past 'paywall' to set Feb 14 date
FINALLY, after months of uncertainty, the Indian Super League is back on track and this time it seems to be with purpose.
1 mins
January 07, 2026
The New Indian Express Kalaburagi
SC warns against 'rich accused' assailing law
NOTING that the trend of rich accused challenging the validity of law must stop, the Supreme Court on Tuesday dismissed the plea of a lawyer facing money laundering charges in connection with the AgustaWestland VVIP helicopter deal challenging the validity of a provision of the Prevention of Money Laundering Act (PMLA).
1 min
January 07, 2026
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