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 ...
The neutral rate—the interest rate at which monetary policy is neither accommodative nor restrictive—is a theoretical concept that cannot be directly observed, only estimated. The neutral rate is an ...
Discover how banks set loan interest rates, from Federal Reserve policies to market trends and borrower creditworthiness, for ...
Bank interest rates cannot be reduced at this moment, Finance Adviser Salehuddin Ahmed has said, citing prevailing economic realities.
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