July 3 (Reuters) - India's central bank said on Thursday it will conduct a seven-day variable rate reverse repo auction worth one trillion rupees ($11.71 billion) on July 4, following a review of ...
MUMBAI, Jan 29 (Reuters) - India's central bank reduced its policy interest rate by a widely expected 25 basis points on Tuesday, taking comfort from cooling inflation as it made the first cut in nine ...
India’s central bank is stepping up efforts to manage the banking system’s surplus cash. On Tuesday, the Reserve Bank of India (RBI) announced that it will conduct a two-day variable rate reverse repo ...
Indonesia’s central bank surprised markets by leaving interest rates on hold at its October meeting, pausing after three consecutive cuts as it keeps an eye on the rupiah. Bank Indonesia held its ...
Indonesia’s central bank continued its rate-cutting cycle as steady inflation provides room to loosen policy further to support growth. Bank Indonesia cut its benchmark seven-day reverse repo rate by ...
You may be relieved that the recent 50 bps (0.5%) cut in interest rates by the Reserve Bank of India (RBI) will result in lower EMIs (Equated Monthly Instalments) on home loans. But do you know that ...