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 ...
While borrowers may expect their equated monthly installments (EMIs) to drop, many banks typically prefer to keep the EMI the ...
RBI MPC on February 7 decided to reduce the repo rate by 25 bps from 6.5 percent to 6.25 percent, its first such move in five ...