RBI's repo rate cut by 25 bps to 6.25% is expected to boost housing demand by making home loans more affordable. Realtors ...
Reserve Bank of India cuts key interest rate for the first time in 5 years, leading to lower home, auto and other loan rates.
However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...
The repo rate cut, combined with the benefits from the revised tax slabs announced in the Union Budget 2025 for the new tax ...
The policy announcement comes ahead of Budget 2025-26, where the finance minister has reaffirmed the government’s fiscal ...
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 repo rate (repurchase rate) is the interest rate at which the central bank lends money to commercial banks when there is a shortage of funds.
The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...
HDFC Bank has increased its overnight MCLR by 5 basis points to 9.20%, effective February 7, 2025, while other tenures remain ...
The repo rate directly affects daily life by influencing overall interest rates. It is the rate at which the RBI lends money to commercial banks.
The real estate industry often benefits from a lower repo rate imposed by the central bank. However, it will take two to ...
The RBI has reduced the repo rate by 25 basis points to 6.25%, maintaining a neutral stance. Governor Sanjay Malhotra said ...