Punjab National Bank (PNB) has stated that it is reducing its Marginal Cost of Funds Based Lending Rate (MCLR) by 5 basis points (bps) on several loan tenors that should …
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RBI cuts repo rate by 50 bps: How your home loan EMIs will be affected instantly
by Wikdailyby WikdailyYou may be relieved that the recent 50 bps (0.5%) cut in interest rates by the Reserve Bank of India (RBI) will result in lower EMIs (Equated Monthly Instalments) on …
- Finance
RBI repo rate cut by 50 bps: What fixed deposit investors should do now
by Wikdailyby WikdailyThe Reserve Bank of India has reduced the repo rate by 50 basis points to 5.5% on June 6, 2025. This marks the third consecutive cut this year. This move …
- Finance
PNB cuts interest rates on education loan by 20 bps under the Vidyalaxmi Scheme
by Wikdailyby WikdailyPunjab National Bank (PNB) has reduced interest rates on its education loan offering under the Vidyalaxmi Scheme by 20 bps. This initiative further strengthens the bank’s commitment to enhance education …
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BP’s sale of its lubricants arm Castrol has drawn early …