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Banking: Banks started taking action after the cut in repo rate, this private bank reduced interest rates on savings account..Recently, the Reserve Bank of India (RBI) cut the repo rate for the first time after 5 years. RBI decided to reduce the ...
Money market funds have seen a seemingly relentless rise in assets under management in the past five or six years. Click to read.
The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...
Mumbai: The recent policy rate cut by India’s central bank should turn out to be good news for individuals and small businesses. However, large corporates hoping for some succour on interest ...
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
Business Today on MSN7d
Repo rate-linked loans drop fast, but MCLR and new loans may lag—when will your home loan EMI fall post RBI rate cut?With the recent 25 bps reduction in the repo rate, banks are expected to lower home loan rates for both new and existing ...
However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...
LONDON (Reuters) - The Bank of England on Thursday allotted a record 54.666 billion pounds ($68.30 billion) in seven-day ...
New York, NY, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Matrix Applications is excited to share Euroclear’s launch of a US Treasury Delivery-vs-Payment (DvP) Repo Service.
The monetary policy committee of RBI will cut repo rate by cumulatively 75 basis points in the year 2025, Bank of Baroda said ...
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