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 ...
Repo rate-linked loan EMIs will be reduced immediately, within about a month, but MCLR-linked loans could take at least two ...
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 ...
HDFC Bank has increased its overnight MCLR by 5 basis points to 9.20%, effective February 7, 2025, while other tenures remain ...
Get set for lower EMIs as the Reserve Bank of India has finally bit the bullet and cut the repo rate by 25 basis points; the ...
The Budget 2025 has proposed raising the Tax Deduction at Source (TDS) limit on interest earned from bank fixed deposits (FDs ...
RBI has reduced the repo rate by 25 basis points, providing relief to home loan borrowers. The repo rate cut could lead to ...
ARMs are home loans whose rates can vary over the life of the loan. Unlike a fixed-rate mortgage, which carries the same interest rate over the entirety of the loan term, ARMs start with a rate that’s ...
The Standing Deposit Facility (SDF) rate remains unchanged at 6.5 percent, as do the Marginal Standing Facility (MSF) and ...
The repo rate influences interest rates on loans, including home loans. When the RBI lowers the repo rate, banks typically ...
Monetary Policy Committee (MPC) announced a 25 basis points (bps) repo rate cut to 6.25%, marking the first reduction in ...
Apart from lower EMIs for existing borrowers, the RBI rate cut will also make home loan, auto loan and personal loan cheaper ...