The RBI’s recent repo rate cut to 6.25% is expected to lower borrowing costs for personal and home loan borrowers. Several ...

Many small finance banks are offering attractive fixed deposit interest rates, with Unity Small Finance Bank and NorthEast ...

Dr Ashwani Mahajan After a long period (about five years) of first continuously increasing, and then high repo rate, the ...

Early this year, the Reserve Bank of India (RBI) is expected to cut down benchmark interest rates (or repo rate). This is also known as repurchase rate i.e., the rate at which the RBI lends money ...

The last time the MPC of the RBI cut rates was in early 2020, when it reduced the repo rate amidst the Covid-19 pandemic that had brought global economic activity to a near standstill. This time a ...

Investing.com -- Wall Street futures head higher after the Federal Reserve reaffirmed plans for three interest rate cuts this year. The Swiss National Bank became the first major central bank to ...

It is better not to use the few rands you save on interest to pay for more credit but rather save it or use it to repay ...

Bangladesh Bank will end the facility for commercial banks to borrow money through two types of repos, a move that the International Monetary Fund ... When commercial banks face liquidity issues, they ...

The Reserve Bank of India (RBI) recently cut the repo rate by 25 bps to 6.25 percent. Now, cutting the repo rate is usually seen as a signal that borrowing costs will go down, resulting in Equated ...

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Friday announced a 25 basis points cut in the repo rate, bringing it down to 6.25% from the earlier 6.5%. This is the ...

Previously, the two rates were set at the same level. The deposit rate is the rate the central bank pays commercial banks on deposits of overnight money. The January reform has worked to restore ...

With the RBI's recent repo rate cut, we may expect lower lending rates for retail loans such as home loans and vehicle loans. However, it usually takes some time for customers to see these ...