Explore how the prime rate influences consumer loans like mortgages, versus the repo rate's role in managing the money supply and short-term lending among banks.
New Delhi: The Reserve Bank of India (RBI) will deliver a final 25 basis point rate cut in the December monetary policy committee (MPC) meeting, taking the repo rate to 5.25 per cent by the end of ...
Several major banks have reduced their External Benchmark Lending Rates (EBLR) or Repo Linked Lending Rates (RLLR) following the Reserve Bank of India's 50 basis point (0.50%) repo rate cut in June ...