The repo rate is one of the most important terms in banking and finance, often making headlines every time the Reserve Bank of India (RBI) announces its monetary policy. The repo rate is the RBI’s ...
PNB loan rate cut: State-owned Punjab National Bank (PNB) has said it lowered its Repo Linked Lending Rate (RLLR), a day after the Reserve Bank of India (RBI) cut the repo rates by 25 basis points. In ...