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The week ending May 16th was among the worst weeks for Gold in recent history. As trade tensions eased, Gold corrected more ...
The Reserve Bank of India is expected to pay a record dividend of ₹3 trillion or more to the government on May 23, driven by ...
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 ...
RBI mandates that repo rate benefits be passed on to RLLR borrowers ... especially if you have a strong repayment history. If your bank isn’t willing to budge, consider a balance transfer ...
Are you preparing for UPSC CSE Prelims 2025? Check your progress and revise your topics through this quiz on Economy.
The Reserve Bank of India (RBI) on April 9, 2025, cut the repo rate by 25 basis points (bps), bringing it down from 6.25 per cent to 6 per cent during the meeting of the Monetary Policy Committee ...
During the global financial crisis, the repo rate skyrocketed to 9.00% in July 2008, the highest in recent history. The economy was battling runaway inflation, and RBI wasn't playing around.
A reduction in the repo rate allows banks to borrow more cheaply, often leading to lower interest rates on loans for consumers and businesses. New Delhi: The Reserve Bank of India (RBI ...
At such a critical moment in US history ... tariffs kicked in on Wednesday, the Reserve Bank of India’s monetary policy panel voted to cut the repo rate and change the policy stance.
The report points out that following the RBI's 25 basis point cut in repo rate in February, public sector banks reduced deposit rates by 6 basis points, and foreign banks reduced 15 basis points ...
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