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 RBI's recent 0.25 percentage point cut in the repo rate is under close government scrutiny to ensure banks pass this ...
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
The Monetary Policy Committee (MPC) has decided to cut the benchmark repurchase rate (repo rate) by 25 basis points to 6.25%.
With the recent 25 bps reduction in the repo rate, banks are expected to lower home loan rates for both new and existing ...
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 ...
of the Reserve Bank of India (RBI) lowered the repo rate or the interest rate at which the RBI lends to other banks, by 25 basis points to 6.25% on Friday. This is the RBI's first rate cut in five ...
The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.
One such factor that has a significant role in determining personal loan interest rates is the Reserve Bank of India (RBI). The repo rate is the rate at which the RBI lends money to commercial banks.
This calculated move is expected to catalyse credit growth across sectors, particularly benefiting SMES whilst providing much ...
Finance minister Nirmala Sitharaman on Saturday said that both the Reserve Bank of India (RBI) and the government have been ...
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 ...