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 ...
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 transactions, making it a risk-free ...
Economists predicted that the Reserve Bank would keep the repo rate unchanged due to geopolitical risks and low economic growth in SA. The Reserve Bank has decided to keep the repo rate unchanged ...
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 agency predicts that the RBI will lower the repo rate by 25 basis points during the meeting scheduled from April 7 to 9. The ratings agency also expects the central bank to maintain a "neutral" ...
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 ...
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 ...
Reserve Bank of Australia (RBA) Assistant Governor Christopher Kent late Tuesday outlined some changes to repo rates but stated ... 10 basis points over the cash rate target.
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 ...
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 ...