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 ...
The RBI had initiated the repo rate-cut cycle in February. The repo rate was cut by 25 basis points (bps) to 6.25% from 6.5% on February 7, 2025. US Fed Chair Jerome Powell’s comments on the ...
Four members preferred this action, while two favoured a cut of 25 basis points. This results in the repo rate remaining at 7.5%, while the prime lending rate stays at 11%. The news comes on the ...
The unchanged repo rate coupled with the upcoming 0.5% VAT increase is a double blow for consumers who are battling high debt levels as well as high prices and income that does not keep up with ...
Loans can either have fixed or floating interest rates. The Reserve Bank of India (RBI) has recently reduced the repo rate by 25 basis points to 6.25%, with expectations of further cuts in ...
While the inflation rate for February is expected to remain steady, economists are not sure that the Reserve Bank will cut the repo rate again on Thursday as geopolitical risks and the looming ...
JOHANNESBURG - The South African Reserve Bank announced its interest rates decision on Thursday afternoon. But will we see a change? That is the question on everyone’s mind. The Reserve Bank’s ...
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Get this delivered to your inbox, and more info about ...
Crisil has forecast India’s GDP growth to be steady at 6.5 per cent and the RBI’s Monetary Policy Committee (MPC) to cut the repo rate by 50-75 basis points (bps) in fiscal 2026. The rating ...
JOHANNESBURG - A day after inflation remained steady at 3.2%, some economists believe the South African Reserve Bank (SARB)’s monetary policy committee (MPC) is likely to keep the repo rate ...
We now forecast RBI to cut rates by 25bps in April, and again in August and December, bringing the repo rate to 5.50 per cent," Japan's MUFG Bank said in a note. "We think markets are underpricing ...
To the surprise of most economists and market analysts, the Monetary Policy Committee (MPC) of the SA Reserve Bank (SARB) did not lower the repo rate last Thursday. This came after the inflation ...