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 ...
BENGALURU, March 28 (Reuters) - The Reserve Bank of India will cut interest rates at a second straight meeting on April 9, ...
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 ...
Currently, with the repo rate at 6.25 percent, the lowest home loan rates are 8.10-8.25 percent. Home loan interest rates have come down after the Reserve Bank of India's (RBI) 25 bps repo rate ...
After the Reserve Bank of India (RBI) announced a 25 basis point reduction in the repo rate to 6.25% on February 7, loan borrowers are expected to see some relief. This marks the RBI’s first ...
Banks are reluctant to reduce interest rates on term deposits because credit growth (9.5% until end-Feb) continues to outstrip deposit growth (8.8%). Since RBI reduce the repo rate no major bank ...
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 ...
"We expect the headline inflation in FY25 to cool off to 4.7 per cent. Monetary easing may be limited to 75 bps in FY26," Ind-Ra Chief Economist and Head Public Finance, Devendra Kumar Pant said.
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 ...
The RBI’s monetary policy committee is expected cut benchmark interest rate by 25 basis points in its policy review meeting next month to push growth, India Ratings and Research (Ind-Ra ...
A strong majority of economists, 54 of 60 in the March 18-27 Reuters poll, expected the RBI to cut its benchmark repo rate by 25 basis points to 6.00% at the conclusion of its April 7-9 meeting. One ...