The discount rate is the Fed's charge to banks for short-term loans to meet reserve needs. Changes in the discount rate influence economy-wide interest rates and monetary conditions. Fed adjusts ...

Slumping savings rates have also put pressure on deposits. The seven-day interbank repo rate has stayed well above the PBOC’s own reverse repo rate, a key anchor for the market. The spread ...

The RBI, after a gap of five years, announced a reduction in the repo rate by 25 bps to 6.25%. A dip in the repo rate can lead to lower interest rates on loans, thereby making loans cheaper, and vice ...

Previously, the two rates were set at the same level. The deposit rate is the rate the central bank pays commercial banks on deposits of overnight money. The January reform has worked to restore ...

Japanese financial firm Nomura Holdings has a different view. It believes RBI will cut rates more aggressively, by 75 basis points, by the end of 2025, bringing the repo rate down to 5.50%. Nomura ...

Previously, the two rates were set at the same level. The deposit rate is the rate the central bank pays commercial banks on deposits of overnight money. The January reform has worked to restore ...

Reserve Bank of India (RBI) Governor Sanjay Malhotra explained on Friday that the decision to cut the repo rate during the February monetary policy committee (MPC) meeting was driven by inflation ...

Nagesh Kumar, an external member of the Reserve Bank of India’s (RBI's) Monetary Policy Committee (MPC), told Moneycontrol in an interview that the repo rate is only one of many factors that ...

Reserve Bank Governor Sanjay Malhotra said that the recent reduction in the repo rate by 25 basis points to 6.25% is a timely and appropriate response, driven by inflation moving closer to the RBI's 4 ...

Reserve Bank Governor Sanjay Malhotra and the MPC reduced the repo rate by 25 basis points to 6.25%. This decision aligns with inflation moving towards the central bank's 4% target. The rate cut aims ...

The Reserve Bank of India will conduct a 49-day variable rate repo for Rs 75,000 crore ($8.63 billion) on Friday, it said after market hours ...

The last time the MPC of the RBI cut rates was in early 2020, when it reduced the repo rate amidst the Covid-19 pandemic that had brought global economic activity to a near standstill. This time a ...