Experts predict slow transmission of repo rate cut to bank lending and deposit rates due to competition for resources.
The Reserve Bank of India's (RBI) six-member Monetary Policy Committee (MPC) cut the repo rate by 25 basis points to 6.25% on ...
Repo rate cut leads to 0.25% reduction in floating home loan rates, with immediate impact on EBLR loans. Deposit rates change slowly.
The Monetary Policy Committee (MPC) of the Reserve Bank of India on Friday announced a 25 basis points cut in the repo rate, bringing it down to 6.25% from the earlier 6.5%.
Retail borrowers who have taken floating rate loans will see their EMIs shrink as banks pass on the benefit of lower repo ...
Amid expectations of a softer rate cycle, several banks plan to raise the share of MCLR-linked loans to protect net interest ...
The RBI's MPC, in a unanimous decision, lowered the repo rate in a bid to stimulate economic activity by making borrowing ...
The rate cut comes even as the past four headline inflation prints were above 5 per cent. RBI Governor Sanjay Malhotra noted ...
This 25 bps cut is expected to reduce home loan EMIs, offering a major boost to home buyers including new owners.
RBI Governor Sanjay Malhotra announced a 25-basis point cut in the policy repo rate, aligned with the Union Budget to boost ...
The RBI has reduced the repo rate by 25 basis points to 6.25%, maintaining a neutral stance. Governor Sanjay Malhotra said ...
there will be no change in the rate of interest (ROI), and any future alterations will be based on EBLR." Repo-Linked Lending Rate And Regulatory Compliance The repo-linked lending rate is ...