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 ...
The repo rate cut by 25 basis points by the monetary policy committee (MPC) of RBI announced Friday will give a long-awaited relief on interest rates and also be supportive of economic growth ...
Real estate developers and experts believe that the RBI’s decision to cut the repo rate after five long years ... it remains to be seen if banks pass on the full benefit to borrowers in a ...