New Reserve Bank of India or RBI governor Sanjay Malhotra on Friday, February 7, announced that the Monetary Policy Committee (MPC) has decided to cut the benchmark repo rate by 25 basis points to ...

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 ...

It is better not to use the few rands you save on interest to pay for more credit but rather save it or use it to repay existing debt faster.

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, ...

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 ...

According to Zee Business research, eight in every 10 economists polled expect no change in the repo rate in the December review. Foreign brokerage Nomura has maintained an out-of-consensus call, ...

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 ...

(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.