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.

Image Source : PIXABAY Home, auto and other loans are likely to see a drop in interest rates. FD Rates after RBI repo rate cut: Reserve Bank of India Governor Sanjay Malhotra today announced a cut ...

The Reserve Bank has cut the repo rate to 6.25% — the interest rate at which the central bank lends money to commercial banks — for the first time in nearly five years. The 25 basis points ...

The Reserve Bank of India (RBI) cut the policy repo rate by 25 basis points last week and set it to 6.25 per cent from its current level of 6.5 per cent. People are now eagerly waiting to see how ...

Mumbai: The recent policy rate cut by India’s central bank should turn out to be good news for individuals and small businesses. However, large corporates hoping for some succour on interest ...

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 ...

The Monetary Policy Committee meets again next Thursday to decide if the repo rate can be cut, which will bring some relief for consumers. Economists expect another repo rate cut of 25 basis ...

The key repo rate is the rate at which the Reserve Bank of India (RBI) lends funds to commercial banks in exchange for securities The domestic rate-setting panel has kept the repo rate unchanged for ...

Although economists were positive when the South African Reserve Bank (Sarb) started cutting the repo rate in September last year, expecting at least three cuts in 2025, Thursday’s expected cut ...

has recently announced a reduction in its External Benchmark-based Lending Rate (EBLR) and Repo Linked Lending Rate (RLLR) for various loans, including home loans. The revised lending rates will ...

KARACHI: With reduction in the key policy rate, the State Bank of Pakistan (SBP) has also announced revised overnight repo and reverse repo rate. As the SBP has decided to decrease ‘Policy Rate ...

(Reuters) -The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to ...