LONDON, March 11 (Reuters) - The Bank of England said it allotted 2.127 billion pounds ($2.75 billion) of six-month funds to banks at an indexed long-term repo operation on Tuesday, the most since ...
The global economy is growing below the historical average ... However, it kept the benchmark repo rate unchanged at 6.5 per cent. (ANI) Provided by SyndiGate Media Inc.
Mumbai: The recent policy rate cut by India’s central bank should turn out to be good news for individuals and small businesses. However, large corporates hoping for some succour on interest ...
Under the leadership of newly appointed Governor Sanjay Malhotra, the Monetary Policy Committee has reduced the policy repo rate by 25 basis points to 6.25 percent from 6.50 percent, as widely ...
The SBI move, effective February 15, comes more than a week after the Reserve Bank cut the repo rate by 25 bps for the first time in close to five years. Following the downward repricing of new ...
However, this has to be supplemented by some outright reverse repo operations. Otherwise, liquidity is likely to stay on the tight side,” said Frances Cheung, head of FX & rates strategy at ...
The central bank aims to support growth while aligning inflation with targets, but historical insufficient transmission remains a concern. The RBI announced a 0.25 percentage point repo rate ...
In a move that is expected to provide significant support to the housing sector, the Reserve Bank of India (RBI) has announced a reduction in the repo rate by 25 basis points. According to Anuj ...