The Bank of England on Thursday allotted a record 61.146 billion pounds ($79.18 billion) in seven-day funds in its weekly ...

Retail inflation in India dropped to 3.61% in February due to decreased prices in vegetables and protein-rich items, offering ...

In recent months, the central bank has shifted its policy approach, reducing reliance on the MLF as its primary tool and increasingly using the seven-day reverse repo rate to guide market ...

However, this has to be supplemented by some outright reverse repo operations. Otherwise, liquidity is likely to stay on the tight side,” said Frances Cheung, head of FX & rates strategy at ...

The RBI, after a gap of five years, announced a reduction in the repo rate by 25 bps to 6.25%. A dip in the repo rate can lead to lower interest rates on loans, thereby making loans cheaper, and vice ...

The Reserve Bank of India (RBI) has rolled back the higher risk weight assigned for bank loans to NBFCs in 2023. (Image Source: Reuters) After a long-awaited rate cut of 25 bps in February, the ...

MUMBAI (Reuters) - A sharp slowdown in India's manufacturing sector - a key driver of job creation - was a major factor in the monetary policy committee's (MPC) decision to cut the key repo rate ...

The deposit rate is the rate the central bank pays commercial banks on deposits of overnight money. The January reform has worked to restore market liquidity. The Canadian Overnight Repo Rate Average, ...

The RBI on Friday released minutes of the MPC meeting held on Feb 6. The meeting resulted in a 25 basis point cut in the repo rate - the first in five years. Slowing growth and consumption had ...

Malhotra, along with five other members of the MPC had voted for a 25 basis points reduction in the short-term lending rate (repo) to 6.25 per cent. The RBI at its meeting held from February 5 to ...

On January 27, the RBI introduced liquidity measures to support the banking system and later followed up with a 25-basis-point cut in its benchmark repo rate to 6.25 per cent on February 7 ...