The Reserve Bank of India (RBI) will likely slash the benchmark repo rate by a total of 75 basis points (bps) in 2025, with upcoming 25 bps reductions each in April, June, and October policy meetings.
A retail inflation within the RBI’s comfort range has increased the probability of another 25 basis point cut in the repo rate by the bank’s April Monetary Policy Committee (MPC) meeting ...
In decimal notation one basis point equals 0.0001 or 0.01 percent (1/100th of a%). How Does Repo Rate Work? If you are able to borrow money from a bank, you pay an interest rate on your principal.
The nation's top cartoonists react to the president's tariffs on Canada and Mexico.
the MPC has refrained from a policy repo rate cut with a 4:2 voting by the members. In the words of the outgoing RBI Governor: “… only with durable price stability can a strong foundation be ...
EBLR, or External Benchmark Lending Rate, is a lending rate that is tied to an external financial benchmark. Since October 1, 2019, SBI has adopted the Repo Rate as the benchmark for its floating-rate ...
We cancelled our service because we found something less expensive and without any hardware that would occasionally stop working. A month later, no technician has come to remove the satellite dish ...
The director Catherine Gund fuses work from multiple artists with archival footage and interviews to craft an exploration of Black resilience. By Alissa Wilkinson In this coming-of-age drama from ...
"The RBI has already embarked on a rate cutting cycle and is likely to go in for another 25 basis points reduction in the April monetary policy committee meeting, taking the repo rate to 6 per cent," ...
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