SBI Chairman CS Setty confirmed lending rate revision after RBI’s 25 bps repo rate cut. However, deposit rates may not ...
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
If you’re on a fixed rate, you might want to evaluate if switching to a floating rate makes sense, depending on market ...
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 repo rate, till now, stood at 6.5 per cent. The move comes barely a week after the Centre cut personal income tax to ...
How to Calculate the Repo Rate? The interest rates that commercial banks pay to the RBI or get when they put money in the RBI must be agreed upon and standardised. The repo rate is key to keeping ...
Recently, the Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points to 6.25 per cent from 6.50 per cent, ...
The repo rate cut is expected to lower interest rates on loans, particularly benefiting homebuyers and other borrowers.
EMIs on home and vehicle loans will come down, making it easier for individuals to repay their debts. A lower repo rate makes ...
By cutting rates, the RBI sends a message that it is ready to support growth, confident that the worst of inflation is over.
The RBI Governor Sanjay Malhotra delivered the first interest rate cut in nearly five years. The RBI MPC reduced the repo ...
The Monetary Policy Committee (MPC) has decided to cut the benchmark repurchase rate (repo rate) by 25 basis points to 6.25%.