News

China's central bank said on Wednesday it would lower the borrowing cost of its seven-day reverse repurchase agreements, as ...
The reverse repo rate is the rate that the RBI pays to the commercial banks when they park their excess funds with the central bank. The Reverse Repo Rate helps absorb excess liquidity from the ...
KARACHI: The State Bank of Pakistan (SBP) Monday announced new rates for overnight Repo and Reverse Repo Facilities as Policy Rate (Target Rate) has decreased from 12 percent to 11 percent.
China's central bank said on Wednesday it would lower the borrowing cost of its seven-day reverse repurchase agreements, as ...
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, ...
The bank's repo-linked lending rate (RLLR) has now been reduced from 9.05 per cent to 8.80 per cent. State-owned Bank of Maharashtra (BoM) has announced reduction in lending rate linked to repo ...
State Bank of India, Bank of India and Kotak Mahindra Bank have slashed interest rates on fixed deposits following the repo rate cut ... well," The banker said the current account-savings account ...
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 ...
The rate revision comes amid similar moves by other major banks, including SBI, HDFC Bank, ICICI Bank, Yes Bank, IDFC Bank, and Canara Bank, who have also slashed their FD rates on select tenures.