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 ...
A repo is a short-term borrowing transaction to sell securities and repurchase them later at a slightly higher price.
The Reserve Bank of India (RBI) will pour in 2.50 trillion rupees ($28.85 billion) through an overnight variable rate repo ...
The interest rates on savings accounts have been drastically reduced by RBL Bank, according to the banks official website.
The Reserve Bank of India will conduct a 49-day variable rate repo for Rs 75,000 crore ($8.63 billion) on Friday, it said ...
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
The term "reverse repo rate" refers to the interest rate that is paid on deposits. The Reserve Bank of India pays interest on deposits at the reverse repo rate, whereas the repo rate is paid on ...
However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...
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 ...
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