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EMIs fall as govt-run banks pass on rate-cut benefits
June 10, 2025
|The New Indian Express Kochi
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 Kochi.
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 Kochi
The New Indian Express Kochi
MP points finger at TN over syrup factory licence renewal
COUGH SYRUP DEATHS
1 mins
October 10, 2025
The New Indian Express Kochi
India-UK FTA: Air India, IndiGo expand UK ops
TWO of India's leading carriers - Air India and IndiGo - are aggressively expanding their operations between India and the United Kingdom (UK).
1 min
October 10, 2025
The New Indian Express Kochi
Autonomy debate rages after IIM director quits
3rd head in five yrs to quit over rift with board
1 mins
October 10, 2025
The New Indian Express Kochi
WHO calls out regulatory gaps in screening of toxic chemical in cough syrups
AMID widespread outrage over the death of 23 children in Madhya Pradesh after consuming a cough syrup, the World Health Organization (WHO) has expressed concern about the regulatory gaps in the screening of diethylene glycol (DEG) for the domestic market.
1 min
October 10, 2025
The New Indian Express Kochi
Full freedom to forces against terror in J&K: Shah
UNION Home Minister Amit Shah on Thursday chaired a high-level meeting to assess the security situation in Jammu and Kashmir and reiterated the government’s commitment toa terrorism-free region.
1 mins
October 10, 2025
The New Indian Express Kochi
RCPL relaunches Velvette brand in Chennai
RELIANCE Consumer Products Limited (RCPL), FMCG arm of Reliance Industries Limited, on Thursday launched Tamil Nadu's iconic personal-care brand Velvette, in collaboration with the CK Rajkumar family.
1 min
October 10, 2025
The New Indian Express Kochi
A HIMALAYAN LEAP BEYOND 3 Ts
NDUSTRIALIST Harsh Goenka posted on social media that, as a patriot, he was utterly confused.
3 mins
October 10, 2025
The New Indian Express Kochi
Modi's remarks on 26/11 attack 'terribly wrong': Chidambaram hits back
A day after Prime Minister Narendra Modi accused the UPA government of being too soft on Pakistan, Congress leader and former Union Minister P Chidambaram responded on Thursday, saying that PM Modi’s attack on him was a figment of imagination.
1 min
October 10, 2025
The New Indian Express Kochi
With $105 bn, Ambani remains No. 1 in Forbes rich list, Gautam Adani at No. 2
MUKESH AMBANI, chairman and MD of oil-to-telecom behemoth Reliance Industries, has retained the top position in the Forbes India's 100 people richest list for 2025.
1 min
October 10, 2025
The New Indian Express Kochi
LG IPO breaks record, booked 54 times; gets bids worth ₹4.43 lakh cr
LG Electronics India has recorded one of the highest subscriptions ever for a large Indian IPO (₹10,000 crore and above), with its initial share sale oversubscribed 54 times.
1 mins
October 10, 2025
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