The official interest rate is the repo rate. This is the rate at which central banks lend or discount eligible paper for deposit money banks, typically shown on an end-of-period basis. The South ...

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Following the Reserve Bank of India's recent 0.25% reduction in the repo rate, attention has swiftly turned towards fixed deposit (FD) interest rates, particularly affecting senior citizens.

The Reserve Bank of India (RBI) has reduced its repo rate to 6.25%, prompting a few banks to follow suit. As a result, some banks have lowered their interest rates on term deposits, though only ...

However, this has to be supplemented by some outright reverse repo operations. Otherwise, liquidity is likely to stay on the tight side,” said Frances Cheung, head of FX & rates strategy at ...

The RBI, after a gap of five years, announced a reduction in the repo rate by 25 bps to 6.25%. A dip in the repo rate can lead to lower interest rates on loans, thereby making loans cheaper, and vice ...

The deposit rate is the rate the central bank pays commercial banks on deposits of overnight money. The January reform has worked to restore market liquidity. The Canadian Overnight Repo Rate Average, ...

The Reserve Bank of India (RBI) has rolled back the higher risk weight assigned for bank loans to NBFCs in 2023. (Image Source: Reuters) After a long-awaited rate cut of 25 bps in February, the ...

Japanese financial firm Nomura Holdings has a different view. It believes RBI will cut rates more aggressively, by 75 basis points, by the end of 2025, bringing the repo rate down to 5.50%. Nomura ...

Following the RBI's 25-basis point repo rate cut, several banks have reduced their home loan interest rates. The Reserve Bank of India's (RBI) reduction of the repo rate by 25 basis points to 6.25 ...

Mortgage rates won't drop much in the next few months, but you don't have to put off your homebuying plans. Deals are selected by the CNET Group commerce team, and may be unrelated to this article.

The Reserve Bank of India (RBI) is expected to cut repo rate by 25-50 basis points (Bps) to 5.7 percent going ahead amid concerns over growth, said economists. Further, they added that the central ...