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This time, home loan borrowers were expecting some new relief from the Reserve Bank (RBI), but it did not happen. RBI has ...
Major banks have systematically lowered their FD rates and the interest rates on savings accounts following RBI's 1% repo ...
The official discounted interest rate that central banks charge commercial banks to borrow money overnight with government securities used as collateral. The repo rate – short for repurchase ...
The Reserve Bank of India (RBI) lowered its key repo rate on Wednesday for a second consecutive time and changed its monetary policy stance signalling room for more cuts ahead, as it seeks to ...
The Reserve Bank of India’s monetary policy committee voted Friday to lower the benchmark repo rate to 5.50% from 6.00%, delivering a deeper cut than the 25-basis-point move economists had ...
MUMBAI, June 16 (Reuters) - The Reserve Bank of India has sought feedback from large market participants on aligning the overnight interbank call money rate more closely with the policy repo rate ...
By Alexandra Wexler JOHANNESBURG--The South African Reserve Bank cut its main repo rate by 25 basis points to 7.25% on Thursday, as tensions with the U.S. continue amid ongoing global uncertainty.
The bank said it would leave its one-week repo rate at 46%, the level to which it was brought in April as a means to counter volatile swings in the Turkish lira that followed the dramatic arrest ...
The South African Reserve Bank has cut its repo rate at four of its last five policy meetings as, since August 2024, inflation has been below the 4.5% level it aims for.