How to Calculate the Repo Rate? The interest rates that commercial banks pay to the RBI or get when they put money in the RBI must be agreed upon and standardised. The repo rate is key to keeping ...
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
The RBI's recent 0.25 percentage point cut in the repo rate is under close government scrutiny to ensure banks pass this ...
The Monetary Policy Committee (MPC) has decided to cut the benchmark repurchase rate (repo rate) by 25 basis points to 6.25%.
With the RBI's recent repo rate cut, we may expect lower lending rates for retail loans such as home loans and vehicle loans. However, it usually takes some time for customers to see these ...
Even with a modest interest rate reduction, a borrower who takes out a loan for a home of Rs 30 lakh over 20 years saves a ...
With the recent 25 bps reduction in the repo rate, banks are expected to lower home loan rates for both new and existing ...
A higher repo rate raises FD interest rates, attracting deposits, while a lower rate reduces FD returns by making borrowing cheaper. The RBI had last cut the repo rate by 40 basis points to 4% in ...
The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.
The government is meticulously watching banks to ensure the transmission of the recent RBI rate cut to borrowers, as ...
This calculated move is expected to catalyse credit growth across sectors, particularly benefiting SMES whilst providing much ...
The Monetary Policy Committee (MPC), which consists of three RBI and three external members, cut the repo rate by 25 basis points to 6.25% ... to be implemented by March 31 but Malhotra said the ...
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