On Sept. 17, 2019, interest rates on repos, as measured by the Secured Overnight Financing Rate increased from 2.43% to 5.25%, hitting a peak during the day of more than 10%.

In line with market expectations, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) reduced the repo rate by 25 basis points (bps) to 6.25 per cent. This marks the first rate cut ...

After the cut in repo rate, the bank can also cut the interest rates on its savings account. Let us know how much annual interest are currently offered by Punjab National Bank, State Bank of India ...

The Fed said that the reverse repo rate will now stand at 4.25% from its prior level of 4.55%, marking a 30 basis point easing, while it lowered the federal funds target rate range by a quarter ...

That day a key repo interest rate, called the Treasury GCF Repo Index, fell to 5.142%, a significant drop from its previous day's print of 5.334%. The volume of transactions went up $57.64 billion ...

While the federal funds rate target is seen being trimmed by a quarter-percentage-point to between 4.25% and 4.50%, the reverse repo rate, or RRP, is seen falling to 4.25% from its current setting ...

It usually takes some time for customers to see these benefits of RBI rate cuts, although a few loans that are directly linked to the repo rate may be available at lower rates for new borrowers.

Anuj Puri, Chairman of ANAROCK Group, noted, “Lower repo rates make home loans cheaper, improving affordability for buyers. Affordable housing has seen its sales share fall sharply from 38% in ...

The RBI Governor-headed Monetary Policy Committee is due to announce a key repo rate decision at 10 am on June 6. Most economists expect the central bank’s rate-deciding panel to announce a third back ...

The Reserve Bank of India on Friday announced monetary policy. It last hiked the repo rate to 6.5 per cent in February 2023 and since then it has held the rate at the same level.

That day a key repo interest rate, called the Treasury GCF Repo Index, fell to 5.142%, a significant drop from its previous day's print of 5.334%. The volume of transactions went up $57.64 billion ...