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 ...
The firm expects the central bank to cut the repo rate by 25 basis points (bp), bringing it down to 6 percent. BofA said the path for further easing seems clear, with headline inflation likely to ...
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 ...
In February 2025, the repo rate was cut by 25 bps to 6.25 per cent. Ind-Ra expects the headline retail inflation in March quarter of FY25 to fall below 4 per cent, after a gap of 21 quarters.
Higher and stubborn inflation had prompted the RBI to tighten the monetary policy, and it raised the policy rate by 250 bps between May 2022 and February 2023, reaching 6.5 per cent. In February 2025, ...
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 ...
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