Markets

Market

News Details

(05/12/2025 18:36)

Bank of Baroda Cuts Repo-Linked Lending Rate After RBI Move; Others Likely to Follow

Bank of Baroda on Friday reduced its repo-linked lending rate by 25 basis points, shortly after the Reserve Bank of India lowered the key policy rate.

The Baroda Repo Based Lending Rate (BRLLR) will now stand at 7.90 per cent, down from the earlier 8.15 per cent, the bank said in a regulatory filing.

The revised rate will come into effect from December 6, and similar rate cuts from other lenders are expected to follow.

Prevent Unauthorized Transactions in your demat account -> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....................issued in the interest of investors.
KYC is one-time exercise while dealing in securities markets -> Once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remain in investor's account.