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 ...

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 ...

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 ...

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 ...

PNB Saving Account Interest Rate Apart from this, Punjab National Bank is giving an interest rate of 2.70 percent on its accounts below Rs 10 lakh, while 2.75 percent return is being given on ...

Associate director of Rates Trading at HSBC Vietnam Vu Binh Minh spoke with VIR’s Hong Dung about possible US Federal Reserve ...

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 ...

(Bloomberg) -- A Bank of Canada official said a recent change in how the central bank sets its deposit rate is working to improve the functioning of money markets, lowering borrowing costs.

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 ...