RBI repo cut effect: HDFC slashes lending rates by 10 bps; new...

Dununu.com Dununu

Sponsored

RBI repo cut effect: HDFC slashes lending rates by 10 bps; new rates already in effect

RSS Feed Business

Posted

124

HDFC Bank has lowered its benchmark lending rates by 10 basis points across all loan tenures, effective June 7, following the Reserve Bank of India's unexpected 50 basis point repo rate cut. The RBI also reduced the CRR by 100 basis points to 3%, injecting Rs 2.5 lakh crore into the banking system to revive the slowing economy.

Read Full Article

Please log in to like, share and comment!

AP NMMS result 2025 released at bseap.org: Direct link to download scorecards here

By 0 6

Who is Nat Wolff? Billie's rumoured BF goes viral

Billie Eilish and Nat Wolff were seen sharing a kiss in Venice, sparking relationship rumors...

By 0 8

When Shah Rukh called Salman his ‘elder brother’

Shah Rukh Khan shared a heartfelt memory of Salman Khan's family's support during his early days...

By 0 8

Watch: Inside look at Rinku Singh and Priya Saroj’s grand engagement ceremony

Indian cricketer Rinku Singh and Samajwadi Party MP Priya Saroj celebrated their engagement in a...

By 0 29

Morning news wrap: Wife and 3 held for Meghalaya honeymoon murder plot; Greta Thunberg en route to war-torn Gaza says 'kidnapped' & more

By 0 35