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What is the Difference between Bank Rate and Repo Rate?
The fundamental difference between a bank rate and a repo rate is their purpose and duration.
Forex reserves up for 3rd week
Forex kitty rises by $6.396 bn to $642.492 bn
New Zealand slips into its 2nd recession in 18 months
It’s economy shrank by 0.1% in the quarter to December, and 0.7% in per capita terms
Rate cut boost to Chinese property market
Central bank in dragon country lowers mortgage reference rate from 4.2% to 3.95%; Status quo on loan prime rate at 3.45%
China makes biggest-ever cut to mortgage rate to boost housing market
China’s central bank has cut its key mortgage reference rate by a record amount, as it ramps up efforts to stem a prolonged property crisis, a media...
The fintech ecosystem needs a balance between regulations and...
Since being subject to severe restrictions by the RBI that stem from regulatory concerns, the Paytm saga has undoubtedly, rocked the fintech...
Retail loans surge as RBI seeks to stem possible risks
Indian commercial banks' retail lending has risen faster than loans to large businesses since the COVID-19 pandemic, S&P Global Market Intelligence...
RBL board to have no RBI-appointed director
Mumbai: The board of RBL Bank will no longer have a Reserve Bank of India representative, as the the two-year term of the central-bank appointed...