Tax Guru14d
Repo Rate Cut & Its Effect on EMI: Why Borrowers Don’t see immediate relief
The repo rate is the rate at which the RBI lends to commercial banks. When the repo rate is cut, banks are able to borrow at cheaper rates, theoretically allowing them to transfer the gains to ...
The Citizen26d
Consumers warned against taking on more debt despite third repo rate cut
It is better not to use the few rands you save on interest to pay for more credit but rather save it or use it to repay ...
Mint28d
How will RBI’s rate cut affect my EMIs?
With the RBI's recent repo rate cut, we may expect lower lending rates for retail loans such as home loans and vehicle loans. However, it usually takes some time for customers to see these ...
Yahoo Finance16d
China’s Repo Market Hit Hard as Yuan Defense Sparks Cash Squeeze
The central bank offered 300 billion yuan of one-year funds on Tuesday through the medium-term lending facility, a monthly tool that it uses alongside ... day interbank repo rate has stayed ...