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Consider a home loan of Rs. 50 lakh with a 20-year tenure. Even a small 0.25% reduction in interest rates can reduce your EMI ...
Large private banks, such as ICICI Bank and Axis Bank, are yet to pass on the repo reduction benefits to new home loan ...
This easing of monetary policy is placing pressure on lenders’ profits. In the first quarter, the weighted average interest ...
Monetary policy has grown more effective. RBI’s rate-formula tweak for corporate lending may have made a difference.
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Newspoint on MSNRBI Repo Rate Cut Triggers Loan Interest Reductions Across Major Banks: Here's What Borrowers Should KnowThe Reserve Bank of India (RBI) recently reduced the repo rate by 0.50%, leading to a ripple effect across India’s banking ...
For long, inflation was being driven by food prices. It led to demands for RBI to focus on ‘core’ and not ‘headline’ ...
China's central bank said on Wednesday it would lower the borrowing cost of its seven-day reverse repurchase agreements, as ...
With effect from May 16, the State Bank of India (SBI) has cut FD interest rates by 20 basis points for all customers ...
State Bank of India has cut fixed deposit rates by 20 basis points across all tenors for both the general public and senior ...
SBI cuts term deposit rates by up to 50 bps, reflecting RBI's repo rate cut, with higher rates for senior citizens.
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