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Usually, the cut in CRR is net interest margin (NIM) accretive for banks,” said VRC Reddy, Head Treasury, Karur Vysya Bank. What about the decision to keep the Repo rate unchanged? The 4-2 decision to ...
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Amid high inflation and weak GDP growth numbers, the Reserve Bank on Friday kept repo rate unchanged at 6.5 per cent with a majority decision of 4:2. Das announced, "The Monetary Policy Committee ...
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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 ...
King Charles’ father, Prince Philip was born on the dining room table of Mon Repos, which means “my rest,” and is situated on the coast of Corfu island, Greece. Credit: wikimedia commons/ Marc ...
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Repo rate unchanged: The Reserve Bank of India (RBI) decided to keep the key repo rate unchanged at 6.5% for the 11th time during its monetary policy review on Friday. This is the 11th consecutive ...
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Economists broadly expect the Fed to announce it's cutting the rate it pays money market funds and others to park cash at its overnight reverse repo facility ... as it sheds bond holdings ...
with four of its six members voting to keep the policy repo rate unchanged at 6.50% for the eleventh bi-monthly review in a row. However, acknowledging that the economy is facing tight liquidity ...