base lending rate Stories

The bank has pledged to monitor the impact of these policy changes closely and take further action if necessary.

The year 2024 experienced a series of interest rate hikes on loans, a crucial go-to remedy by households in times of constrained disposable incomes su...

Experts argue that the venture is often appealing because it typically comes with lower or no interest rates compared to formal loans from banks.

Apex banks globally use the interest rates as either a gas pedal or a brake on the economy when needed.