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The South African Reserve Bank (SARB) announced a 25-basis-point reduction to the repo rate, bringing it down to 6.75%. This adjustment lowers the prime lending rate to 10.25% – the lowest it’s been ...
Banks and small finance banks (SFBs) had trimmed fixed deposit interest rates after the Reserve Bank of India (RBI) cut repo rate thrice early this year. Now with the central bank cutting the repo ...
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