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 ...
Indian Bank has raised its lending rates linked to the repo rate by 10 basis points to 9.05%, increasing retail loan costs. Despite a recent repo rate cut, the bank adjusted various lending rates, ...
The RBI had initiated the repo rate-cut cycle in February. The repo rate was cut by 25 basis points (bps) to 6.25% from 6.5% on February 7, 2025. US Fed Chair Jerome Powell’s comments on the ...
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 ...
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 ...
Punjab National Bank has decided to up its Repo-Linked Lending Rate (RLLR) from 9 per cent to 9.10 per cent with effect from April 1, 2025, in the backdrop of liquidity tightness in the banking ...
Currently, with the repo rate at 6.25 percent, the lowest home loan rates are 8.10-8.25 percent. Home loan interest rates have come down after the Reserve Bank of India's (RBI) 25 bps repo rate ...
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, ...
So, if I had to make a bet, maybe it is for a 25 basis points reduction in the repo rate," said Chief Economist at the Efficient Group, Dawie Roodt. On Wednesday, Statistics South Africa revealed ...
To the surprise of most economists and market analysts, the Monetary Policy Committee (MPC) of the SA Reserve Bank (SARB) did not lower the repo rate last Thursday. This came after the inflation ...
The Reserve Bank of India (RBI) is expected to cut benchmark rates by 50-75 basis points (bps) during 2025-26 to support consumption and lower borrowing costs, Crisil India Outlook 2025 report has ...