The RBI’s recent repo rate cut to 6.25% is expected to lower borrowing costs for personal and home loan borrowers. Several ...
The RBI decreased the repo rate by 25 basis points to 6.25%, leading many banks like Canara Bank, PNB, and Union Bank of India to lower their repo-linked lending rates. This reduction offers benefits ...
RBI Governor Sanjay Malhotra has announced that the Monetary Policy Committee (MPC) has decided to cut the benchmark repo rate by 6.5% New Reserve Bank of India (RBI) governor Sanjay Malhotra on ...
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.