While borrowers may expect their equated monthly installments (EMIs) to drop, many banks typically prefer to keep the EMI the ...
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
The Reserve Bank has cut the repo rate to 6.25% — the interest rate at which the central bank lends money to commercial banks — for the first time in nearly five years. The 25 basis points ...
With the recent 25 bps reduction in the repo rate, banks are expected to lower home loan rates for both new and existing ...
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
Economists expected the Reserve Bank to cut the repo rate by 25 basis points at its first meeting of the year.
Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which ...
Retail borrowers who have taken floating rate loans will see their EMIs shrink as banks pass on the benefit of lower repo ...