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 ...

With the new rate, your monthly EMI drops to Rs 17,356, resulting in a total savings of Rs. 76,259. If you maintain your current EMI payments, you could pay off your loan 5 months earlier than ...

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.

(Reuters) -The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at ...

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 ...

The Monetary Policy Committee (MPC), led by Governor Sanjay Malhotra, in his first monetary policy review, announced a 25-basis point rate cut to bring down the benchmark repo rate to 6.25% ...

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 ...

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 ...