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 ...
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 ...
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 ...
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 ...
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, ...
In February, the RBI unanimously lowered the repo rate by 25 basis points from 6.5 per cent to 6.25 per cent, in what was the first rate cut in about 5 years since Covid.
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 ...