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How to Calculate the Repo Rate? The interest rates that commercial banks pay to the RBI or get when they put money in the RBI must be agreed upon and standardised. The repo rate is key to keeping ...
But Governor Sanjay Malhotra also indicated that after these front-loaded cuts (in repo rate and cash reserve ratio), monetary policy would have little room to undertake further easing — unless ...
With the latest round of reduction, the Repo Linked Lending Rate (RLLR) of SBI would come down by 50 basis points to 7.75 per cent. It has also reduced the External Benchmark Based Lending Rate ...
He also said the repo rate cut by the Reserve Bank of India is a welcome step and would help increase demand. “80% of our cars are bought on finance. Banks and our own financial arm have passed ...
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