As the lender of last resort, the RBI provides short-term funds to commercial banks through the repo rate mechanism. By doing so, it influences the interest rates that banks offer to their customers.
With the RBI's recent repo rate cut, we may expect lower lending rates for retail loans such as home loans and vehicle loans. However, it usually takes some time for customers to see these ...
Besides unanimously voting for repo rate cut from 6.50 per cent to 6.25 per cent (the first revision in the rate after it was kept unchanged for two years) with effect from February 7, the members ...
Given the fact that this week has been a week of surprise for most of us given the fact that we heard first in the budget tax cut, post budget today we are hearing about a repo rate cut ...
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 ...
RBI said it will conduct OMO purchase auctions of government securities for an aggregate amount of ₹1 trillion in two ...
(Image/PTI) The Reserve Bank of India has cut Policy repo rates by 25 bps to 6.25% ... Govt exploring ‘new mechanism’ to replace pay panel system ‘Mai khud lekar jaunga’ – Virat Kohli ...