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RBI's repo rate cuts in 2025, totaling 50 basis points, have lowered home loan interest rates below 8%. This reduction, following previous rate hikes, makes buying a home more affordable. Several ...
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 ...
For long, inflation was being driven by food prices. It led to demands for RBI to focus on ‘core’ and not ‘headline’ ...
With effect from May 16, the State Bank of India (SBI) has cut FD interest rates by 20 basis points for all customers ...
Monetary policy has grown more effective. RBI’s rate-formula tweak for corporate lending may have made a difference.
The Reserve Bank of India (RBI) recently reduced the repo rate by 0.50%, leading to a ripple effect across India’s banking ...
Despite strong macro signals for a repo rate cut, banks face financial strain and tightening credit risk. A cautious approach ...
According to Ranjeet Mehta, Secretary General and CEO of the PHD Chamber of Commerce and Industry (PHDCCI), the current ...
State Bank of India has cut fixed deposit rates by 20 basis points across all tenors for both the general public and senior ...
China's central bank said on Wednesday it would lower the borrowing cost of its seven-day reverse repurchase agreements, as ...