The INR has remained flat against the US dollar year-to-date, a contrast to the 5.3% average appreciation seen in other Asian ...

Namibia's central bank left its main interest rate unchanged on Wednesday, saying it wanted to safeguard the local currency's peg to South Africa's rand and that global risks were limiting its ...

WINDHOEK - Namibia's central bank left its main interest rate unchanged on Wednesday, saying it wanted to safeguard the local currency's peg to South Africa's rand and that global risks were limiting ...

SBI’s decision aligns with the broader trend among major banks such as HDFC Bank and ICICI Bank, which also reduced deposit rates after the RBI cut the repo rate by 50 bps in its June 6 policy review.

MUMBAI, June 16 (Reuters) - The Reserve Bank of India has sought feedback from large market participants on aligning the overnight interbank call money rate more closely with the policy repo rate ...

Learn whether to switch from an MCLR-linked home loan to a repo-linked one for better rates. (Image Source: Freepik) By Chaitali Dutta l My home loan is linked to MCLR, which I took in 2014.

The repo rate is the interest rate at which the RBI lends money to commercial banks in India. It is a critical tool of monetary policy that influences borrowing costs in the economy. When the repo ...

The Reserve Bank of India (RBI) just dropped the repo rate by 0.5%, bringing it down to 5.5%. With a total cut of 1% since February 2025, this move is meant to make home loans lighter on your ...

Economic Report Inflation rate slows again and almost hits Fed’s 2% goal, but trade wars could spoil the party Annual increase in Fed-favored PCE inflation index decelerates to 2.1% ...

2. Impact of reducing repo rate: When the RBI wants to encourage economic activity in the economy, it reduces the repo rate. Doing this enables commercial banks to bring down the interest rates they ...

Why this stock-market strategist expects no recession and zero rate cuts in 2025 ‘The two primary factors that lead me to make decisions in the U.S. bond market and for U.S. currency are both ...

Public sector banks have started lowering their lending rates in response to the Reserve Bank of India’s (RBI) unexpected decision to reduce the repo rate by 50 basis points to 5.5 percent.