The move is expected to boost sectors such as real estate, which depends heavily on loans for its consumers to make a ...
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 ...
While the rate cut is intended to ease financial conditions, experts suggest the broader effect on the banking system - ...
Reserve Bank of India cuts key interest rate for the first time in 5 years, leading to lower home, auto and other loan rates.
The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...
Banks tend to lower the interest rates on FDs when the RBI decreases its short-term lending rate, popularly known as 'repo ...
RBI has reduced the repo rate by 25 basis points, providing relief to home loan borrowers. The repo rate cut could lead to ...
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 ...
Apart from lower EMIs for existing borrowers, the RBI rate cut will also make home loan, auto loan and personal loan cheaper ...
The central bank’s Monetary Policy Committee (MPC) reduced the repo rate by 25 basis points to 6.25 per cent, after having ...
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 ...
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