The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
“The rate cut, coupled with recent liquidity-boosting measures, is expected to drive fresh investments and kick-start the consumption cycle. Sectors such as banking, auto, FMCG, consumer durables, ...
Being the first MPC under Malhotra, the expectation is that the repo rate cut or the benchmark lending rate fixed by the RBI could be reduced by 25 basis points (bps) from 6.5 percent to 6.25 ...
This comes after the central bank’s Monetary Policy Committee (MPC) voted for a 25BPS cut today, which translates to a 0. 25% cut in the repurchase rate (repo rate).
SARB Governor Lesetja Kganyago on Thursday announced that the central bank will cut the repo rate by 25 basis points, meaning ...
After keeping it unchanged for two years, the Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) is likely to cut the repo rate — the rate at which the RBI lends to other banks — ...
Currently, the RBI manages liquidity through multiple measures such as Open Market Operations (OMO), the Cash Reserve Ratio (CRR), and the repo rate. However, the SBI report argues that CRR should be ...
With the Union Budget announcing measures to support consumption while maintaining fiscal discipline, the ball is now in the central bank’s court to stimulate sluggish economic growth. The six-member ...
The decision by the South Africa Reserve Bank (SARB) to increase the repo rate by 75 basis points, while widely expected, brings more economic pain for South Africans who are already struggling to ...
The Local Government Association of SA says electricity providers do not contribute their fair share to councils’ rate burdens, leaving residents and businesses to pick up the shortfall.
At the Monetary Policy Committee (MPC) meeting on February 7, the Reserve Bank of India (RBI) is anticipated to decide on a cut in repo rates. Nonetheless, many banks, including Union Bank of India, ...