RBI’s 25 bps repo rate cut will bring relief to borrowers by lowering EMIs across loans. This move aims to make borrowing ...
The Reserve Bank of India (RBI) has announced a 25 basis points rate cut in the repo rate which is a big relief for those who ...
RBI Governor Sanjay Malhotra confirmed that the policy stance remains neutral, indicating the central bank’s cautious ...
While borrowers may expect their equated monthly installments (EMIs) to drop, many banks typically prefer to keep the EMI the ...
However, banks have refrained from cutting their Marginal Cost of Fund based lending rate (MCLR) which are largely offered to ...
RBI governor Sanjay Malhotra announced a 25 basis points cut in the benchmark repo rate to 6.25%, the first reduction in five ...
The RBI’s decision to cut the repo rate by 25 basis points—from 6.50% to 6.25%—in February 2025 is expected to provide a ...
Experts predict slow transmission of repo rate cut to bank lending and deposit rates due to competition for resources.
While new borrowers can expect banks to revise their rates soon, existing borrowers will typically see the benefit at their ...
Even with a modest interest rate reduction, a borrower who takes out a loan for a home of Rs 30 lakh over 20 years saves a ...
RBI's decision to reduce the repo rates by 25 bps piggybacks on the recent taxation benefits announced in the Union Budget ...
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