PSU lender Punjab National Bank has announced a significant reduction in its lending rate following RBI’s jumbo rate cut.

The rate cut comes as the Indian economy slowed to a four-year low of 6.5 per cent in the fiscal year that ended March. RBI ...

Benchmark equity indices surged on Friday, with the Sensex climbing 746.95 points and Nifty reclaiming the 25,000-level after the RBI cut interest rates by more-than-expected 50 basis points -- a thir ...

Market heads into the new week riding high on the RBI's unexpectedly bold move, a 50 basis point rate cut that landed like confetti on Dalal Street. While the surprise CRR cut added extra cheer, the ...