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Hosted on MSNHDFC Update: HDFC Bank increased interest rates instead of reducing them, taking a loan will become expensive..The Reserve Bank of India (RBI) cut the repo rate by 25 basis points today i.e. on 7 February. After this cut, the new repo ...
HDFC Bank has increased its overnight MCLR by 5 basis points to 9.20%, effective February 7, 2025, while other tenures remain ...
Monetary Policy Committee (MPC) announced a 25 basis points (bps) repo rate cut to 6.25%, marking the first reduction in ...
Repo rate-linked loan EMIs will be reduced immediately, within about a month, but MCLR-linked loans could take at least two ...
The Budget 2025 has proposed raising the Tax Deduction at Source (TDS) limit on interest earned from bank fixed deposits (FDs ...
Reserve Bank of India cut its benchmark interest rates 25-basis-points on February 8, take a look at how experts think this ...
RBI has reduced the repo rate by 25 basis points, providing relief to home loan borrowers. The repo rate cut could lead to ...
The home loan interest rates are linked to the Repo Rate and are variable throughout the tenor of the loan. Standard home loan rates for salaried and self-employed individuals range from 9.40% to 9.95 ...
Even with a modest interest rate reduction, a borrower who takes out a loan for a home of Rs 30 lakh over 20 years saves a ...
Apart from lower EMIs for existing borrowers, the RBI rate cut will also make home loan, auto loan and personal loan cheaper ...
Prospective homebuyers relying on a home loan are eagerly anticipating the RBI's upcoming rate revision, as it will directly impact interest rates on loans in India. An increase in the repo rate ...
will help lower interest rates on home loans, bringing down the equated monthly instalments (EMIs), homebuyers and experts said. "This was something long overdue for homebuyers. They have been ...
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