Repo rate-linked loans drop fast, but MCLR and new loans may lag—when will your home loan EMI fall post RBI rate cut?
With the recent 25 bps reduction in the repo rate, banks are expected to lower home loan rates for both new and existing ...
Business Line5d
Repo rate cut: Lending and deposit rates cut could happen with a lag
AJAY VERMA The 25-basis-points repo rate cut may take some time to get reflected in Banks’ lending and deposit rates, as the latter has become sticky in view of competition for mobilising ...
India's central bank cuts repo rate for first time in nearly 5 years
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
Reactions to RBI repo rate cut
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
Rationale behind RBI’s repo rate cut by 25 bps, possible impact on interest rates, investment and consumption
EMIs on home and vehicle loans will come down, making it easier for individuals to repay their debts. A lower repo rate makes ...
money.rediff5d
RBI Cuts Repo Rate: Home, Auto Loans Cheaper
Reserve Bank of India cuts key interest rate for the first time in 5 years, leading to lower home, auto and other loan rates.
RBI rate cut may take several months to fully reflect on lending and deposit rates
While the rate cut is intended to ease financial conditions, experts suggest the broader effect on the banking system - ...
NDTV5d
RBI Cuts Repo Rate For 1st Time In 5 Years: How It Affects Loan EMIs
This is the first time after 2020 ... The interest rates on most bank loans, including home, car and MSE loans, are linked to external benchmark linked rate (EBLR). The repo rate is one such ...
Forbes India4d
What is repo rate, current repo rate, and history of RBI repo rates in India (2000 to 2025)
The Reserve Bank of India pays interest on deposits at the reverse repo rate, whereas the repo rate is paid on loans to commercial banks. Inflation can be managed using the repo rate, while ...
RBI slashes repo rate by 25 bps, first cut in nearly five years; loan EMIs likely to come down
The central bank’s Monetary Policy Committee (MPC) reduced the repo rate by 25 basis points to 6.25 per cent, after having ...
EMI relief for home loan buyers? What happens to loan rate if RBI cuts interest rates on Friday
The RBI repo rate is a crucial factor in determining loan rates, including those for home loans. A dip in the repo rate by ...
U.S. News & World Report5d
India's Central Bank Cuts Repo Rate for First Time in Nearly 5 Years
(Reuters) -The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020 ... making home loan rates more attractive. This, along with the previously ...