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 ...
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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.
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?
South Africa is reviewing the main reference rate commercial banks use to price trillions of rands of loans to clients.
New Delhi: In a move that could bring relief to loan borrowers, the Reserve Bank of India (RBI) on Friday reduced the repo rate by 25 basis points from 5.5 per cent to 5.25 per cent. This signals ...
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