The Reserve Bank lends money to banks at the ‘repo rate’, the banks add 3.5% to create the ‘prime rate’ – which we hear when ...
SBI, PNB, Bank of Baroda, HDFC Bank or ICICI Bank: 5-year FD rates compared – who pays most in 2026?
With RBI repo rate cuts pushing FD returns to multi-year lows, investors are re-evaluating where to park their money safely.
The 350 basis point gap between the repo or monetary policy rate and the prime rate has been fixed since 2001. Lenders use it as a baseline depending on the risks and the credit record of borrowers.
New Delhi: In a move that could bring relief to loan borrowers, the Reserve Bank of India (RBI) on Friday reduced the repo rate by 25 basis points from 5.5 per cent to 5.25 per cent. This signals ...
South African banking customers have been paying a prime rate of the repo rate plus 3.5% since 2001. Is it time for a change?
SA is expected to experience further interest rate relief in 2026 as inflation continues to ease and economic growth remains ...
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RBI cuts repo rate by 25 basis points, eight banks lower loan rates; how your EMI will be affected
Mumbai: Recently, the Reserve Bank of India (RBI) reduced the repo rate by 25 basis points, bringing it down to 5.25 percent. This move has raised expectations among borrowers that their EMI burden ...
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