RBI MPC has cut interest rates after 5 years. On 7 February 2025, RBI MPC cut the rate by 0.25 percent after a three-day ...
It will impact interest rates on various loans, including home loans, personal loans and car loans. SBI offers 10 bps higher interest rate on super senior citizen FDs than senior citizens FDs ...
A decrease in the repo rate will now prompt banks to lower their lending rates, making home loans more affordable.
A repo rate cut would provide relief to borrowers, especially those with floating-rate home loans, personal loans, and ...