RBI’s first rate cut in five years is small but can be effective
By cutting rates, the RBI sends a message that it is ready to support growth, confident that the worst of inflation is over.
moneycontrol.com6d
RBI Repo Rate Cut: Will your loan EMIs decrease?
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 ...
India Today on MSN6d
RBI repo rate cut, coupled with tax sops in Budget, could boost consumption
Experts are optimistic that the 25 bps cut—the first in nearly five years—will make borrowing cheaper and spur the demand for ...
The Telegraph6d
RBI cuts repo rate by 25 basis points, home loan borrowers among biggest beneficiaries
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 ...
moneycontrol.com4d
RBI's 25-bps repo rate cut: Should you go for special-rate FDs now?
The repo rate cut makes fixed-income investments less attractive, affecting conservative investors who rely on fixed deposits interest income. The Reserve Bank of India (RBI) on February 7 reduced ...
Mint5d
Last chance to book fixed deposits (FDs) at these interest rates: Check latest rates offered by top 7 banks
As Reserve Bank of India (RBI) has cut down repo rate by 50 basis points on Friday ... two-year FD and 7 percent on three-year FD. At the same time, senior citizens are entitled to receive ...
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 ...
Deccan Chronicle6d
Double Bonanza for Salaried Class, RBI Cuts Repo Rate After 5 Years
A lower repo rate means banks can borrow funds at a lower cost from the central bank and are expected to pass on the lower cost to the borrowers. Speaking at the Monetary Policy Press conference ...
Dhaka Tribune4d
BB: Policy rate to be reduced after inflation comes down
Bangladesh Bank on Monday announced that the policy rate, also known as the repo rate, has been kept at 10%, indicating no ...
The Free Press Journal6d
How Do RBI's Repo Rate Cuts Affect The Real Estate Sector? Here Is What Industry Experts Had To Say
Moreover, the same reductions in the cost of capital ... Usually, a reduced repo rate set by the central bank helps the real estate sector. However, most banks will only reflect those changes ...
Finance Minister Nirmala Sitharaman says income tax and RBI rate cut will boost economy: Report
Sitharaman had announced an income tax reform, allowing zero income tax for those earning up to ₹12 lakh. The RBI then announced a 25 bps repo rate cut ...
Business Line5d
RBI’s MPC may cut repo rate by 75-100 bps more in current easing cycle, economists say
Having commenced the easing cycle by cutting the benchmark repo rate by 25 basis points (bps) in its latest monetary policy committee (MPC) meeting, the Reserve Bank of India (RBI) will likely cut ...