The move is expected to boost sectors such as real estate, which depends heavily on loans for its consumers to make a ...
SBI Chairman CS Setty confirmed lending rate revision after RBI’s 25 bps repo rate cut. However, deposit rates may not ...
The RBI’s repo rate significantly influences personal loan interest rates. A rise in the repo rate leads to higher loan costs ...
With the recent 25 bps reduction in the repo rate, banks are expected to lower home loan rates for both new and existing ...
Retail borrowers who have taken floating rate loans will see their EMIs shrink as banks pass on the benefit of lower repo ...
The RBI decreased the repo rate by 25 basis points to 6.25%, leading many banks like Canara Bank, PNB, and Union Bank of ...
If you’re on a fixed rate, you might want to evaluate if switching to a floating rate makes sense, depending on market ...
However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...
It follows that at least a 25 basis point cut is required. Rate cuts are delayed and there is space for more cuts, but slow ...
The RBI has reduced the repo rate by 25 basis points to 6.25%, maintaining a neutral stance. Governor Sanjay Malhotra said ...
The real estate industry often benefits from a lower repo rate imposed by the central bank. However, it will take two to ...
Highlights: The Reserve Bank of India has cut repo rate by 25 bps to 6.25% for the first time in nearly five years. RBI's ...