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Bank Lending Rates Rise Despite RBI’s 50 bps Repo Rate Cut in June

In a surprising trend, banks increased their lending rates in July 2025 despite the Reserve Bank of India (RBI) cutting the repo rate by 50 basis points in June. According to RBI data, the weighted ...
Reuters

US banks tap Fed repo facility as overnight rates climb, signaling funding strain

NEW YORK, Oct 15 (Reuters) - U.S. banks borrowed $6.5 billion from the Federal Reserve's Standing Repo Facility (SRF) on Wednesday, central bank data showed, and repurchase rates rose, suggesting ...
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After RBI's repo rate cut, ICICI Bank reduces interest rates on fixed deposits; check latest FD rates in June 2025

Private sector lender ICICI Bank has slashed its interest rates on fixed deposits (FDs) by up to 25 basis points (bps) for select tenures on amounts below Rs 3 crore. This makes it the first major ...
Reuters

India central bank announces two-day rate reverse repo auction on July 9

July 8 (Reuters) - India's central bank said on Tuesday it will conduct a two-day variable rate reverse repo auction worth one trillion rupees ($11.67 billion) on July 9. The move follows the central ...