By cutting rates, the RBI sends a message that it is ready to support growth, confident that the worst of inflation is over.
The rate cut could be the beginning of a low-interest cycle and is expected to ease the burden on loan borrowers, as banks ...
EMIs on home and vehicle loans will come down, making it easier for individuals to repay their debts. A lower repo rate makes ...
The European Central Bank has cut interest rates and kept the door open to further policy easing as concerns over lacklustre ...
The Bank of England (BoE) is set to cut interest rates in its next meeting this Thursday from 4.75% to 4.5%, following ...