While the RBI's recent rate cut aids small businesses, large corporates might not see immediate benefits as banks are ...

Repo rate is the interest rate at which commercial ... into account various components of a bank's cost of funds. The formula used to calculate MCLR in India is as follows: * MCLR = Marginal ...

Good news has come for home loan borrowers. Now there is going to be a big saving on loans up to Rs 20 to 30 lakh, which is a ...

Fired Israeli Defence Minister Yoav Gallant accuses Prime Minister Netanyahu of being overly hesitant in dealing with security threats. The ongoing tensions between Gallant and Netanyahu raise ...

Bank of Ireland has moved to temper bonus expectations among staff, as falling interest rates, a potentially large UK car finance compensation bill, and trade risks from US president Donald Trump’s ...

which is called a “weighted bank-funding rate”. The formula for calculating it is complicated. It is the average of the daily repo rate and the overnight rates quoted on the Mexican money market over ...

The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...

The Reserve Bank of India (RBI) cut the policy repo rate by 25 basis points last week and set it to 6.25 per cent from its current level of 6.5 per cent. People are now eagerly waiting to see how ...

One such factor that has a significant role in determining personal loan interest rates is the Reserve Bank of India (RBI). The repo rate is the rate at which the RBI lends money to commercial banks.

FD Rates after RBI repo rate cut: Reserve Bank of India Governor Sanjay Malhotra today announced a cut in the key benchmark rate. The Monetary Policy Committee (MPC), headed by Malhotra ...

The repo rate cut by 25 basis points by the monetary policy committee (MPC) of RBI announced Friday will give a long-awaited relief on interest rates and also be supportive of economic growth ...

The RBI MPC, which met for the first time under the new central bank governor Sanjay Malhotra, on February 7 cut the repo rate by 25 basis point to 6.25 percent to give a boost to a slowing economy.