A month after the Reserve Bank of India announced its second repo rate cut of 25 basis points to 6%, some banks have started cutting their marginal cost of fund-based lending rates. The MCLR is a rate ...

One factor that could lead to a rapid unwind of the basis trade is substantial repo rate volatility or a persistent increase in repo rates, which could in turn increase the cost of financing the ...

This time, the RBI’s 0.50% repo rate cut has encouraged several top banks to recalibrate their lending rates, making loans more affordable. Banks That Have Reduced Interest Rates After Repo Cut ...

Subscribe to Economics Daily for the latest news and analysis. China reduced its policy rate and lowered the amount of cash lenders must keep in reserve, as Beijing ramps up efforts to help an ...

What is MCLR?MCLR is the minimum interest rate a financial institution must charge for a specific loan. It determines the lower limit of the interest rate for a loan and is binding unless revised ...

China’s seven-day reverse repo rate – a benchmark interest rate – will also be lowered by 0.1 percentage points to 1.4 per cent, while the rate of housing accumulation fund loans and ...

BEIJING (Reuters) -Chinese authorities announced on Wednesday a raft of stimulus measures, including interest rate cuts and a major liquidity injection, as Beijing steps up efforts to soften the ...

The rate is applicable on loans of 15 lakh and above and is linked to a borrower’s credit score. The Bank had already passed on the Repo rate reduction benefits to its existing borrowers with lo ...

RoA is a profitability ratio that shows how much profit a company would generate from its assets. There would be further repo rate cuts during the year that would put pressure on net interest margin, ...

The recent reduction in the repo rate by the Reserve Bank of India and the Central government's revised income tax slabs has further supported buyer sentiment, particularly among first time buyers ...