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The domestic growth prognosis has improved, and the recovery is expected to be sustained, although not at rates sufficient to make appreciable inroads into the unemployment situation in South Africa .
Adrian Goslett, CEO of RE/MAX of Southern Africa, discusses the potential benefits of an interest rate cut by the South ...
Despite inflation being the lowest it has been since June 2020, economists widely anticipate that the central bank will keep ...
Major banks have cut their lending and deposit rates following Reserve Bank of India’s (RBI) 50 basis points cut in repo rate in 2025. The largest private sector bank HDFC Bank cut its deposit ...
Ever since the Reserve Bank of India's (RBI) monetary policy committee on April 9 cut its repo rate by 25 basis points, a number of banks – mostly in the public sector – have slashed their ...
SBI’s External Benchmark Based Lending Rate (EBLR) will drop from 8.90 per cent to 8.65 per cent, while its Repo Linked Lending Rate (RLLR) will be reduced to 8.25 per cent from the current 8.50 ...
Two senior private bank officials said deposit rates are likely to fall across many banks by this month end. This means banks are ensuring that repo rate cut transmission happens. Last week ...
Earlier this month, the Reserve Bank of India (RBI) once again opted to reduce the repo rate by 25 basis points, bringing it down to 6%. This second successive cut by the central bank comes right ...
BEIJING, May 7 (Reuters) - China's central bank said on Wednesday it would lower the borrowing cost of its seven-day reverse repurchase agreements, as Beijing stepped up monetary easing to support ...
South Africans will see that play out through a likely hold on interest rates for the rest of the year. The SARB’s Monetary Policy Committee (MPC) left the repo rate at 7.50% at its March ...
The Chicago White Sox lost to the Athletics 12-3 in a game that featured a trio of three-run home runs at Rate Field as the teams observed Jackie Robinson Day on Tuesday, April 15, 2025.
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.