Bank of England allots record 54.7 billion pounds in short-term repo
The Bank of England on Thursday allotted a record 54.666 billion pounds ($68.30 billion) in seven-day funds in its weekly short-term repo operation, higher than a previous record set last week of ...
BOE’s Liquidity Drain Is Lifting Key SONIA Rate Again
The UK’s most important market interest rate has been rising for the first time in almost a year, reflecting the Bank of ...
UK’s £13 Billion Bond Sale Smashes Records for Size, Demand
The UK is set to sell a record £13 billion ($16 billion) of 10-year bonds after attracting the highest-ever demand for such ...
RBI Surveys show repo cut made to prop up growth, consumer demand despite rising household inflation expectations
At the press conference after the monetary policy announcement, a clearly worried RBI governor said that the pervasive ...
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Repo rate cut to provide long-awaited relief on interest rates: Experts
The repo rate cut by 25 basis points by the monetary policy committee (MPC) of RBI announced Friday will give a long-awaited relief on interest rates and also be supportive of economic growth ...
Mint Explainer | RBI's rate cut and how it will benefit retail borrowers
With RBI cutting repo rate, retail borrowers who have taken floating rate loans will see their EMIs shrink as banks pass on ...
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Personal loan interest rates: Why RBI’s repo rate matters to you
One such factor that has a significant role in determining personal loan interest rates is the Reserve Bank of India (RBI). The repo rate is the rate at which the RBI lends money to commercial banks.