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 ...
The secured overnight financing rate (SOFR) is a benchmark rate that reflects the cost of borrowing overnight, backed by U.S. Treasury securities in the repo market. The rate is based on actual ...
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.
This balance shapes the decision-making process behind repo rate changes and why each potential adjustment garners significant attention. From a forex trading perspective, inflation data provides ...
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 Central Bank says it will maintain the repo rate at 3.5 percent despite global ... with positive growth in manufacturing and finance. Data from the Central Statistical Office (CSO) showed ...
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 ...
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 ...
‘We must make it clear that we have not amended the fiscal framework,’ but have requested the minister to reconsider the VAT issue and try to find alternative ways to raise revenue, Joseph ...
For example, the recent movements in the exchange rate of the currency and general economic conditions. But the inflation data about release ... reduction in the repo rate," said Chief Economist ...
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 rating agency in a report said the monetary policy committee will go for another 25-basis-point reduction in the repo rate at April 7-9 meeting. Care Edge also anticipates RBI to maintain a ...