The RBI’s recent repo rate cut to 6.25% is expected to lower borrowing costs for personal and home loan borrowers. Several ...
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 SARB’s Monetary Policy Committee (MPC) cut the benchmark repo rate by 25 basis points in January for the third consecutive meeting following the end of the rates hike cycle that began in ...
With the RBI lowering the repo rate by 25 basis points, home loan borrowers stand to benefit from reduced EMIs, making ...
AU Small Finance Bank (AU SFB) has reduced its fixed deposit (FD) interest rates for senior citizens by 10 basis ...
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 ...
A repo rate cut generally lowers borrowing costs, making loans more affordable. However, borrowers often do not see an ...
Net liquidity in the banking system was in a deficit of Rs 1.09 trillion as of Monday, according to the latest data by RBI ...