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The repo rate cut means the loan interest must also fall if it's repo-linked. The repo rate is the interest rate at which the ...
Why is the slashing of the repo rate by RBI relevant to the UPSC exam? What is the significance of topics such as the ...
A lower repo rate usually leads banks to reduce interest rates on loans to customers—impacting everything from home loans to auto and personal loans.
The Reserve Bank of India (RBI) surprised everyone on Friday by announcing a sharper-than-expected cut in interest rates.
The bank rate is the interest rate that large commercial banks must pay on loans and advances to a central bank, such as the U.S. Federal Reserve Bank. The reverse repo rate is the rate at which a ...
Thursday’s repo rate cut is unlikely to bring much relief to cash-strapped consumers, as any savings will be offset by the ...
For example, the RBI increased the repo rate by 40 basis points in May 2022 to 4.40% from 4.00%. In another example, the reverse repo rate was cut to 3.35% from 3.75% in 2020. As of May 2025 ...