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The Reserve Bank of India (RBI) cutting the repo rate might sound technical, but it could mean big savings on your loan EMIs! Here's how this policy move can directly impact your monthly outflow.
Bengaluru- based Canara Bank has reduced its Repo Linked Lending Rate (RLLR) by 25 basis points. The announcement was made following the Reserve Bank of India’s Monetary Policy Committee (MPC ...
Economists expected that inflation would be between 2.9% and 3% and were surprised that it decreased to 2.7% in March. The news that inflation was the lowest in almost five years in March now has ...
Earlier this month, the Reserve Bank of India (RBI) once again opted to reduce the repo rate by 25 basis points, bringing it down to 6%. This second successive cut by the central bank comes right ...
Looking ahead, the report expects the RBI to cut the repo rate by another 50 bps, bringing it down to a terminal rate of 5.5 per cent. This projection is based on an assumption of a neutral real ...
reason to lower borrowing costs in the next repo rate decision. Inflation came in at a softer 2.7% in March, from 3.2% in February. The inflation reading released by Stats SA on Wednesday beat ...
This follows the Reserve Bank of India's (RBI) decision to lower the repo rate by 25 basis points from 6.25% to 6.00% during its April 9 monetary policy meeting. YES Bank has reduced its highest ...
Reserve Bank Governor Sanjay Malhotra had opined while voting for a 25 basis points cut in repo rate along with other five members of the rate-setting panel earlier this month. Governor Malhotra ...
Economists now widely anticipate a repo rate cut when the South African Reserve Bank (Sarb) Monetary Policy Committee (MPC) meets in May, following inflation falling to an almost five-year low in ...
The April MPC meeting had voted unanimously to reduce the repo rate by 25bps to 6%, and change the stance to accommodative. While external MPC member Saugata Bhattacharya mostly sounded ...
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