The Reserve Bank of India (RBI ... Understanding the difference between repo and reverse repo rate is essential for students preparing for UPSC, SSC, banking exams, or even for someone wanting ...

China's central bank said on Wednesday it would lower the borrowing cost of its seven-day reverse repurchase agreements, as ...

Other banks that reduced their lending rates include Indian Bank, Bank of India and Bank of Baroda. Indian Bank recently ...

The repo rate is the Reserve Bank of India’s magic wand—a powerful tool that influences everything from your loan EMI to how expensive your groceries are. Let’s break it down: “Repo rate ...

Bank of Maharashtra reduced the repo rate-linked rate from 9.05 per cent to 8.8 per cent. 2 years 11 months: Cut by 35 basis points 4 years 7 months: Cut by 40 basis points Last Wednesday, April 9, ...

After the Reserve Bank of India’s (RBI) decision to cut its repo rate on Wednesday, two state-run lenders - Bank of India and UCO Bank - announced 25 basis points reduction in lending rates.