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 of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
Retail borrowers who have taken floating rate loans will see their EMIs shrink as banks pass on the benefit of lower repo ...
The central bank’s Monetary Policy Committee (MPC) reduced the repo rate by 25 basis points to 6.25 per cent, after having ...
HDFC Bank has increased its overnight MCLR by 5 basis points to 9.20%, effective February 7, 2025, while other tenures remain ...
RBI Monetary Policy: The rate-sensitive sectors on Friday, February 7, exhibited a mixed response to the Reserve Bank of India's (RBI) decision to lower the repo rate by 25 basis points to 6.25 ...
The transmission of the policy rate will happen in the capital market faster. So, the better-rated corporates will try to substitute bank loans with capital market borrowings. “Hence ...
This is the first interest rate cut by the RBI since Covid times (May 2020); here are the highlights of RBI Monetary Policy ...
Banks will pass on the rate cut benefit to those existing borrowers who took loans under the repo rate-linked floating ...
The Reserve Bank of India cut the repo rate by 25 basis points to 6.25 per cent on Friday ... Alternatively, if the borrower decides to stick with the same EMI, his loan tenure will shrink by 11 ...
The decision of the Reserve Bank of India (RBI) to cut the repo rate by 25 basis points could ... pass the full benefit to the customers, the same EMI amount will be reduced to Rs 43,391 per ...