The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
The BofA Securities report maintained that growth and inflation data both point towards the need to ease monetary conditions, while projecting a 25 bp repo rate cut to 6.25 per cent in February MPC.
Being the first MPC under Malhotra, the expectation is that the repo rate cut or the benchmark lending rate fixed by the RBI could be reduced by 25 basis points (bps) from 6.5 percent to 6.25 ...
The firm said while any interest rate reduction would bring relief, the sluggish pace of rate cuts projected for 2025 will simply perpetuate the ongoing challenges that many households face.
The Reserve Bank governor warned that there are many global risks that will prevent the bank from cutting the repo rate again this year. Economic data started coming in during the last week of ...
Ever wondered what governs these ups and downs? One significant factor is the repo rate, and understanding its impact can help you make smarter financial decisions, especially when considering ...
'Another cut will reduce the strain on disposable income by lowering the monthly repayments on all forms of debt, including home loans, car repayments, and credit card debt.' If the South African ...
Some have pushed back their expectations for a repo rate cut to the April-June 2025 period from their earlier forecast of February-April, citing tight liquidity conditions in the financial system.
The official interest rate is the repo rate. This is the rate at which central banks lend or discount eligible paper for deposit money banks, typically shown on an end-of-period basis. The South ...
The liquidity deficit had its impact on call money rates, which traded above the repo rate of 6.50 per cent | Photo Credit: DANISH SIDDIQUI The banking system is facing a huge liquidity deficit ...
In a first, the Reserve Bank of India (RBI) has announced that it will conduct daily variable rate repo (VRR) auctions on all working days in Mumbai, until further notice. Illustration ...