The Reserve Bank of India (RBI) cutting the repo rate might sound technical, but it could mean big savings on your loan EMIs! Here's how this policy move can directly impact your monthly outflow.

Yes, absolutely. Moving to a repo rate-linked loan is better from a long-term perspective. Additionally, we are looking at a softer interest rate regime going forward. You can expect quicker and ...

KARACHI: The State Bank of Pakistan (SBP) Monday announced new rates for overnight Repo and Reverse Repo Facilities as Policy Rate (Target Rate) has decreased from 12 percent to 11 percent.

How to Calculate the Repo Rate? The interest rates that commercial banks pay to the RBI or get when they put money in the RBI must be agreed upon and standardised. The repo rate is key to keeping ...

Canara Bank and Indian Bank have announced reductions in their lending rates, a decision influenced by the Reserve Bank of India's (RBI) recent cut in the repo rate from 6.25% to 6.00%.

HDFC Bank announces a decrease in its Marginal Cost of Funds-based Lending Rates. This reduction provides relief to borrowers with loans linked to MCLR. The MCLR has been lowered by up to 15 basis ...

The rate revision comes amid similar moves by other major banks, including SBI, HDFC Bank, ICICI Bank, Yes Bank, IDFC Bank, and Canara Bank, who have also slashed their FD rates on select tenures.

Economists expected that inflation would be between 2.9% and 3% and were surprised that it decreased to 2.7% in March. The news that inflation was the lowest in almost five years in March now has ...

This follows the Reserve Bank of India's (RBI) decision to lower the repo rate by 25 basis points from 6.25% to 6.00% during its April 9 monetary policy meeting. YES Bank has reduced its highest ...

BEIJING, May 7 (Reuters) - China's central bank said on Wednesday it would lower the borrowing cost of its seven-day reverse repurchase agreements, as Beijing stepped up monetary easing to support ...

former board member Warwick McKibbin said. At the same time, elevated global uncertainty driven by US President Donald Trump’s tariff program means the “wise move” would be to stand pat at 4 ...