The 6-member Monetary Policy Committee (MPC) meeting on February 7, 2025, slashed the rate of repo by 25 basis points, ro ...

The State Bank of India (SBI) has announced unchanged marginal cost of funds-based lending rates (MCLR) for various loan ...

The updated MCLR rates will directly influence interest rates on various financial products, including home loans, personal ...

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, ...

(Bloomberg) -- A Bank of Canada official said a recent change in how the central bank sets its deposit rate is working to improve the functioning of money markets, lowering borrowing costs.

The Reserve Bank of India's recent auctions to inject funds into the banking system saw lukewarm interest due to improving ...

Some of Asia’s biggest central banks are getting a painful refresher in economic theory.Most Read from BloombergNJ College to ...

Banks show low interest in short-term funds at RBI's VRR auctions due to comfortable liquidity and asset-liability concerns.

OTTAWA: A Bank of Canada official says a recent change in how the central bank sets its deposit rate is working to improve the functioning of money markets, lowering borrowing costs. Central bank ...

The liquidity deficit had widened on account of likely interventions of the Reserve Bank of India in the currency market to curb any sharp depreciation in the rupee.