The Reserve Bank of India reduced the repo rate by 25 basis points to 6.25 percent, benefiting home loan borrowers.
The repo rate is the rate at which commercial banks borrow from the RBI. This drop comes after nearly 5 years of house loan ...
RBI Governor announces further measures to boost liquidity and manage rupee volatility amid global uncertainties. Repo rate ...
The Union Bank of India highlighted that inflation for FY25 could be lower than the Monetary Policy Committee's (MPC) revised ...
The decrease in deposit rates results in diminished returns for fixed deposit (FD) investors, particularly senior citizens ...
Even with a modest interest rate reduction, a borrower who takes out a loan for a home of Rs 30 lakh over 20 years saves a ...
Experts are optimistic that the 25 bps cut—the first in nearly five years—will make borrowing cheaper and spur the demand for consumer durables, automobiles and homes ...
Foreign banks and brokerages anticipate RBI to cut repo rate by 25 bps in April, with focus on liquidity and growth.
RBI’s 25 bps repo rate cut will bring relief to borrowers by lowering EMIs across loans. This move aims to make borrowing more affordable and boost spending.
The monetary policy committee of RBI will cut repo rate by cumulatively 75 basis points in the year 2025, Bank of Baroda said ...
Home, auto, and other loans are likely to see a drop in interest rates after the Reserve Bank of India cut the key benchmark ...