After the cut in repo rate, the bank can also cut the interest rates on its savings account. Let us know how much annual ...
MUMBAI, July 27 (Reuters) - Indian cash rates rose to above 8 percent on Wednesday as lenders adjusted to the central bank's repo rate increase of 50 basis points on Tuesday. The Mumbai inter-bank ...
These figures highlight the declining trend in credit growth, which is a key indicator of economic expansion. With India’s ...
(Reuters) - The Federal Reserve may launch a policy tool to lend to banks using Treasuries and other securities as collateral in early 2020, with possible testing to begin later this year, a Deutsche ...
(Reuters) -The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at its ...