Repo rate cut leads to 0.25% reduction in floating home loan rates, with immediate impact on EBLR loans. Deposit rates change slowly.
Amid expectations of a softer rate cycle, several banks plan to raise the share of MCLR-linked loans to protect net interest ...
Experts predict slow transmission of repo rate cut to bank lending and deposit rates due to competition for resources.
Retail borrowers who have taken floating rate loans will see their EMIs shrink as banks pass on the benefit of lower repo ...
RBI Governor Sanjay Malhotra announced a 25-basis point cut in the policy repo rate, aligned with the Union Budget to boost ...
The rate cut comes even as the past four headline inflation prints were above 5 per cent. RBI Governor Sanjay Malhotra noted ...
Most economists who met Reserve Bank of India (RBI) top brass including Governor Sanjay Malhotra on Friday as a part of ...
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%.
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 ...
The RBI has reduced the repo rate by 25 basis points to 6.25%, maintaining a neutral stance. Governor Sanjay Malhotra said ...
Loan holders may need to wait longer for rate cuts, possibly until December. If inflation stays under control, a rate cut ...
This 25 bps cut is expected to reduce home loan EMIs, offering a major boost to home buyers including new owners.
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