After the Reserve Bank of India (RBI) announced a 25 basis point reduction in the repo rate to 6.25% on February 7, loan borrowers are expected to see some relief. This marks the RBI’s first ...

With the new rate, your monthly EMI drops to Rs 17,356, resulting in a total savings of Rs. 76,259. If you maintain your current EMI payments, you could pay off your loan 5 months earlier than ...

Loans can either have fixed or floating interest rates. The Reserve Bank of India (RBI) has recently reduced the repo rate by 25 basis points to 6.25%, with expectations of further cuts in ...

Mumbai: The recent policy rate cut by India’s central bank should turn out to be good news for individuals and small businesses. However, large corporates hoping for some succour on interest ...

Its GDP growth estimate of 6.7% for 2025-26, coupled with an inflation projection of 4.2%, suggests that a 50bps repo rate cut and effective easing of 75bps will be adequate in this cycle.

Floating rate retail loans such as home loans and mortgage loans are turning cheaper as major banks are giving effect to the recent 25 basis points repo rate cut by RBI’s Monetary Policy ...

After the decline in retail inflation in February to 3.6 per cent, the March inflation print is also trending below the RBI's ...

has recently announced a reduction in its External Benchmark-based Lending Rate (EBLR) and Repo Linked Lending Rate (RLLR) for various loans, including home loans. The revised lending rates will ...

The deposit rate is the rate the central bank pays commercial banks on deposits of overnight money. The January reform has worked to restore market liquidity. The Canadian Overnight Repo Rate Average, ...

Besides unanimously voting for repo rate cut from 6.50 per cent to 6.25 per cent (the first revision in the rate after it was kept unchanged for two years) with effect from February 7, the members ...

SBI cuts home loan rate: Following the decision of the Reserve Bank of India (RBI) announcement to cut repo rates by 25 basis points (bps), the State Bank of India (SBI) - the country's largest ...