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 ...

Let us look at how transmission of rate action from the RBI percolates to the ground. The repo rate is the rate at which the RBI lends money to banks if required, one day at a time. When the RBI ...

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 ...

Economists call this chain of developments the transmission mechanism. My focus here is on the first link in that chain. With a change in the overnight rate, other interest rates along the maturity ...

Given the fact that this week has been a week of surprise for most of us given the fact that we heard first in the budget tax cut, post budget today we are hearing about a repo rate cut ...

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 ...

In India, economists say macroeconomic conditions are better placed due to lower inflation, which is below the RBI’s ...

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 ...

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 ...