The new repo rate — the interest rate at which banks borrow short-term funds — from the central bank was implemented on Sunday. With this, Bangladesh Bank changed its policy or repo rate for the third ...

Stay updated with Swisher Post! Read the latest news at Swisher Post.South Africa’s Reserve Bank is expected to announce its ...

How to Calculate the Repo Rate? The interest rates that commercial banks pay to the RBI or get when they put money in the RBI must be agreed upon and standardised. The repo rate is key to keeping ...

Yes, absolutely. Moving to a repo rate-linked loan is better from a long-term perspective. Additionally, we are looking at a softer interest rate regime going forward. You can expect quicker and ...

What is MCLR?MCLR is the minimum interest rate a financial institution must charge for a specific loan. It determines the lower limit of the interest rate for a loan and is binding unless revised ...

RBI Monetary Policy: The six-member Monetary Policy Committee (MPC) of the RBI voted unanimously to cut the repo rate by 25 bps to 6 per cent effective immediately. RBI is set to start its ...

The Federal Reserve Bank of New York said Wednesday that late next month it will add morning offerings for its liquidity ...

Bank Indonesia has resumed its rate-cutting cycle as cooling inflation, slower growth and a steadier rupiah offer room to loosen policy settings.

It does so by increasing the repo rate, which raises the cost of servicing debt. This, in turn, reduces investment and money supply in India’s economy. Conversely, if the RBI is trying to ...

A Federal Reserve Bank of New York official responsible for implementing monetary policy said on Thursday the central bank is ...