In its February monetary policy, the RBI cut the repo rate by 25 bps—the first reduction in nearly five years—to boost the slowing economy. This followed 11 consecutive policy meetings where the repo ...

Israeli PM Netanyahu warns Hamas of ‘unimaginable consequences’ if hostages aren't released, as the first phase of the ceasefire ends without progress toward the second phase. Israel supports ...

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 ...

It is learnt that Mr. Mandaviya told the meeting that it will not be prudent to increase the rate at present as the Reserve Bank of India recently reduced the repo rate to control inflation and he ...

Gold Price Forecast: Bearish Reversal Triggered as Sellers Take Controlabout 3 hours ago Crude Oil Price Forecast: Crude Rebounds, but Key Resistance Levels Loomabout 3 hours ago Natural Gas Price ...

Reverse Repo Rate In India is the fixed interest rate – currently 50 bps below the repo rate – at which the Central Bank absorbs liquidity, on an overnight basis, from banks against the ...

And this was the time when interest rates peaked with the repo rate at 6.5 per cent. Banks could not offer higher returns on deposits without impinging on profit margins. Another factor was lower ...

Early this month, the Reserve Bank of India (RBI) cut its repo rate to 6.25 percent. Following this, a few banks have followed suit. A couple of banks have cut their interest rates on term ...

Slumping savings rates have also put pressure on deposits. The seven-day interbank repo rate has stayed well above the PBOC’s own reverse repo rate, a key anchor for the market. The spread ...

The RBI, after a gap of five years, announced a reduction in the repo rate by 25 bps to 6.25%. A dip in the repo rate can lead to lower interest rates on loans, thereby making loans cheaper, and vice ...

Japanese financial firm Nomura Holdings has a different view. It believes RBI will cut rates more aggressively, by 75 basis points, by the end of 2025, bringing the repo rate down to 5.50%. Nomura ...

(Bloomberg) -- A Bank of Canada official said a recent change in how the central bank sets its deposit rate is working to improve the functioning of money markets, lowering borrowing costs.