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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The 350 basis point gap between the repo or monetary policy rate and the prime rate has been fixed since 2001. Lenders use it ...
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?
Canara Bank has revised its fixed deposit interest rates after the RBI’s latest repo rate cut, with senior citizens now ...
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 ...
SA is expected to experience further interest rate relief in 2026 as inflation continues to ease and economic growth remains ...
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 ...
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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Prime interest rate may soon be phased out, says SA Reserve Bank governor
South African Reserve Bank (Sarb) Governor Lesetja Kganyago said on Wednesday, 21 January 2026 that the end of the prime ...
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