Why the RBI’s Monetary Policy Committee (MPC) decision to reduce the Repo rate is relevant to the UPSC exam? What is the ...

South Africa's new visa regime, including an Electronic Travel Authorisation system, is welcomed by Indian companies and ...

Renowned economist Dawie Roodt said the South African Reserve Bank has room for more interest rate cuts in 2025, which is ...

The decision by the South Africa Reserve Bank (SARB) to increase the repo rate by 75 basis points, while widely expected, brings more economic pain for South Africans who are already struggling to ...

As Federal Reserve chair Jerome Powell defies President Trump's demands for rate cuts, global markets face uncertainty. With ...

The MPC is now like a war room girding for Trump's trade wars, which it sees possibly knocking the rand to R21/dlr and fanning the flames of inflation again.

One such factor that has a significant role in determining personal loan interest rates is the Reserve Bank of India (RBI). The repo rate is the rate at which the RBI lends money to commercial banks.

The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.

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Even with the repo rate now at 7.5%, many remain wary amid lingering financial pressures and economic uncertainty.