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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
Manipur hands over twin blast case to NIA
THE Manipur government has handed over the twin blast case to the National Investigation Agency (NIA).
1 min
January 07, 2026
The New Indian Express Kochi
ASTEROID MINING AHOY!
Scientists are studying meteorites — basically, asteroids captured by Earth’s gravity and crashing into it — to uncover which asteroids could yield minerals and resources to fuel humanity’s expansion into space besides their benefits for terrestrial environments.
3 mins
January 07, 2026
The New Indian Express Kochi
Urban women fight stigma on breastfeeding
BREASTFEEDING is essential for both mother and infant, but many urban women in India struggle with stigma and discomfort when doing it in public spaces, a latest study has found.
1 mins
January 07, 2026
The New Indian Express Kochi
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
The New Indian Express Kochi
Generic meds as effective as pricier variants, says study
WHEN it comes to medicines, a higher price tag doesn’t mean better quality.
2 mins
January 07, 2026
The New Indian Express Kochi
HCs' reply on gender sensitisation panels sought
ALSO IN TOP COURT
1 mins
January 07, 2026
The New Indian Express Kochi
Raj row over irregularities in MPLAD schemes
CENTRAL SECTOR SCHEME LAUNCHED IN
2 mins
January 07, 2026
The New Indian Express Kochi
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 Kochi
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 Kochi
FRONTIER TECH IN A BUBBLE WRAP
I N 1999, a small Las Vegas car dealership called Uniprime Capital Acceptance Inc more than doubled its stock price by announcing-without any evidence that one of its subsidiaries had found a cure for AIDS.
3 mins
January 07, 2026
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