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 ...
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?
The 350 basis point gap between the repo or monetary policy rate and the prime rate has been fixed since 2001. Lenders use it ...
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. Here’s a detailed comparison of 5-year fixed deposit interest rates offered ...
The Reserve Bank of India is injecting over 23 billion dollars into the banking system. This move aims to ease funding ...
South Africa is reviewing the main reference rate commercial banks use to price trillions of rands of loans to clients.
SA is expected to experience further interest rate relief in 2026 as inflation continues to ease and economic growth remains ...
The Reserve Bank of India, in its first policy meeting after the US Federal Reserve cut rates, kept the repo rate unchanged at 6.5%. RBI Governor Shaktikanta Das announced the unchanged repo rates ...
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