Mint17d
RBI cut repo rate in Feb. Why did it take so long for banks to reduce interest rates?
Let us look at how transmission of rate action from the RBI percolates to the ground. The repo rate is the rate at which the RBI lends money to banks if required, one day at a time. When the RBI ...
Mint16d
How the RBI repo rate cut impacts personal loan borrowers—Find out
Repo rate cuts by the Reserve Bank of India (RBI) have a direct impact on personal loan interest rate and EMIs (Equated Monthly Installments). The interest rate at which the RBI lends to ...
Businessworld8d
RBI May Cut Repo Rate By 25 Bps In April, Says CareEdge Ratings
CareEdge Ratings says, the committee is likely to retain its neutral stance due to prevailing global economic uncertainty The Reserve Bank of India ... cut the policy repo rate by 25 basis ...
Business Line7d
RBI to shift focus on growth over inflation in April policy meeting, cut repo rate by 25 bps: Care Edge
The rating agency in a report said the monetary policy committee will go for another 25-basis-point reduction in the repo rate at April 7-9 meeting. Care Edge also anticipates RBI to maintain a ...