The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
The interest rates on savings accounts have been drastically reduced by RBL Bank, according to the banks official website.
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
“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, ...
However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...
A repo is a short-term borrowing transaction to sell securities and repurchase them later at a slightly higher price.
Usually, a reduced repo rate set by the central bank helps the real estate sector. However, most banks will only reflect ...
RBI expected to cut repo rate by 75-100 bps by FY26 end, reflecting concerns on growth and inflation forecasts.
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
(Reuters) - The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at ...