SBI has announced that it is reducing External Benchmark-Based Lending Rate (EBLR) by 25 bps effective from 15 February 2025.

But it is still to be seen how banks respond to this RBI rate cut and how soon they give relief to home and personal loan ...

After the RBI cut its repo rate by 25 bps to 6.25%, major banks have followed suit, lowering home loan rates and offering borrowers relief with reduced EMIs or shorter tenures.

The six-member Monetary Policy Committee (MPC) meeting that began on Wednesday, announce the decision to reduce the repo ...

RBI Governor Sanjay Malhotra announced a 25-basis point cut in the policy repo rate, aligned with the Union Budget to boost ...

The repo rate influences interest rates on loans, including home loans. When the RBI lowers the repo rate, banks typically ...

RBI governor Sanjay Malhotra cut policy rates for the first time in five years, making loans cheaper for homes, cars, and ...

After nearly five years, the RBI has cut the repo rate, bringing relief to home loan borrowers and expected to ease borrowing ...

The RBI repo rate is a crucial factor in determining loan rates, including those for home loans. A dip in the repo rate by ...

State Bank of India (SBI) has reduced its home loan rate by 25 bps to 8.25% and EBLR to 8.90%, following RBI's 25 bps repo ...

The Reserve Bank of India (RBI) on Friday reduced the repo rate (RR) by 25 basis points (bps) to 6.25 per cent from 6.5 per ...

Reserve Bank of India cut its benchmark interest rates 25-basis-points on February 8, take a look at how experts think this ...