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Explore how the prime rate influences consumer loans like mortgages, versus the repo rate's role in managing the money supply and short-term lending among banks.

The repo rate is one of the most important terms in banking and finance, often making headlines every time the Reserve Bank of India (RBI) announces its monetary policy. The repo rate is the RBI’s ...

Oct 24 (Reuters) - India's central bank left its reverse repo rate, or the rate at which it absorbs excess cash from banks, unchanged at 6.0 percent at its quarterly policy review on Friday. The ...

April 19 (Reuters) - India's central bank is set to raise its key short-term borrowing rate, or reverse repo, at its annual monetary policy on Tuesday to rein in inflationary pressures in a growing ...