The repo rate is the rate at which commercial banks borrow from the RBI. This drop comes after nearly 5 years of house loan ...
“The rate cut, coupled with recent liquidity-boosting measures, is expected to drive fresh investments and kick-start the consumption cycle. Sectors such as banking, auto, FMCG, consumer durables, ...
RBI Cuts Repo Rate for the First Time in Five Years Reserve Bank of Indias Monetary Policy Committee decided to reduce the ...
In a significant step to boost economic growth, the Reserve Bank of India (RBI) has slashed the repo rate by 25 basis points ...
KARACHI: With reduction in the key policy rate, the State Bank of Pakistan (SBP) has also announced revised overnight repo and reverse repo rate. As the SBP has decided to decrease ‘Policy Rate ...
Is the Hong Kong Dollar going up or down against the Tonga Paanga? A: Today's exchange rate (0.3124) is higher compared to yesterday's rate (0.312). Q: What is 50 Hong Kong Dollars in Tonga Paanga?
The South African Reserve Bank’s Monetary Policy Committee is set to make its first repo rate announcement on Thursday. File photo The announcement comes on the back of last week’s consumer ...
HSBC India has received approval from the Reserve Bank of India (RBI) to open 20 new branches, marking the largest expansion granted to any foreign bank in over a decade. These branches will be ...
In Japan, interest rates are set by the Bank of Japan's Policy Board in its Monetary Policy Meetings. The BoJ's official interest rate is the discount rate. Monetary Policy Meetings produce a ...
RBI Monetary Policy Committee member Nagesh Kumar has suggested that there should be two inflation rates - one including food prices and the other without food prices - so that relevant rates could be ...
according to data from the Hong Kong Monetary Authority (HKMA). The banks’ net interest margin (NIM) – the gap between the rate charged on loans and the interest paid for deposits – narrowed ...
Follow our WhatsApp channel "Everyone is entitled to their views but as I look at it, growth is impacted by a multiplicity of factors, not just one factor of repo rate," said Shaktikanta Das, then RBI ...