The Reserve Bank of India (RBI) announced on Friday, December 5, that it has reduced the repo rate by 25 basis points to 5.25%, as inflation slid to historic lows and the rupee continued to weaken.
A home loan EMI comprises of two parts – principal and interest. The principal amount of an EMI remains constant, but the interest is variable. Ever wonder why a change in the external benchmark say ...
RBI MPC meet impact on EMIs: Loan borrowers - whether home, car or personal - have been given an early New Year cheer by the Reserve Bank of India (RBI). The Monetary Policy Committee (MPC) has cut ...
NEW YORK (Reuters) -The cost of U.S. overnight funding in the repo market has stayed stubbornly high and is expected to remain elevated going into year-end despite recent Federal Reserve easing, ...
NEW YORK, Nov 19 (Reuters) - The cost of U.S. overnight funding in the repo market has stayed stubbornly high and is expected to remain elevated going into year-end despite recent Federal Reserve ...