A decrease in the repo rate will now prompt banks to lower their lending rates, making home loans more affordable.
Assuming the rate kicks in from April 1 after 12 EMIs of this loan have been paid, then one can get per-lakh interest savings ...
The latest decision brings the repo rate from 6.50 per cent to 6.25 per cent. Sanjay Malhotra, the newly appointed RBI ...
The RBI's MPC, in a unanimous decision, lowered the repo rate in a bid to stimulate economic activity by making borrowing cheaper, thereby encouraging spending and investment.
Investors should note the recent 25 basis points rate cut by the RBI signals a departure from the high-interest rate ...
This will be the first repo rate cut since 2023. Rates were paused for 11 consecutive policies under former governor ...
The first RBI Monetary Policy Committee meeting of 2025 began on February 5, with everyone eagerly awaiting Governor Sanjay ...
The former revenue secretary in the Ministry of Finance, Malhotra is expected to announce the cuts to lower interest rates ...
When interest rates decrease, the bonds within debt funds, especially those with higher coupon rates, become more valuable as ...
Bank of Baroda, Axis Bank, Punjab National Bank, Canara Bank and ICICI Bank from the Nifty Bank index were trading lower ...
RBI governor Sanjay Malhotra announed that the Reserve Bank of India’s (RBI’s) Monetary Policy Committee (MPC) has decided ...
There are expectations that the central bank’s MPC will decide on cutting the key rates for the first time in 5 years by 25 ...