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Repo rate cuts by the Reserve Bank of India (RBI) have a direct impact on personal loan interest rate and EMIs (Equated Monthly Installments). The interest rate at which the RBI lends to ...
The Reserve Bank of India's (RBI) monetary policy committee cut the repo rate by 25 basis points in February to 6.25 per cent, its first reduction in nearly five years. RBI appears on track for ...
The South African Reserve Bank held its main repo rate at 7.5% on Thursday, as tensions with the U.S. continue to rise amid escalating global uncertainty. On Friday, U.S. Secretary of State Marco ...
With US President Donald Trump imposing a sweeping 26 per cent reciprocal tariff on India even as negotiations on a bilateral trade agreement is ongoing, economists said that a 25 bps cut in repo ...
is a benchmark rate that reflects the cost of borrowing overnight, backed by U.S. Treasury securities in the repo market. The rate is based on actual transactions, making it a risk-free ...
Four members preferred this action, while two favoured a cut of 25 basis points. This results in the repo rate remaining at 7.5%, while the prime lending rate stays at 11%. The news comes on the ...
Economists predicted that the Reserve Bank would keep the repo rate unchanged due to geopolitical risks and low economic growth in SA. The Reserve Bank has decided to keep the repo rate unchanged ...
The Central Bank says it will maintain the repo rate at 3.5 percent despite global economic uncertainties and domestic challenges. This decision follows an assessment of both international and ...
There was no repo rate cut to support economic recovery in South Africa, while the MPC waits to see what the effects will be of the global trade war. The Reserve Bank opted to keep South Africa ...
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