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 ...
Locals on February 07 elated after RBI MPC cut the repo rate by 25 basis point to 6.25 percent to give benefit to middle class.“My EMI is going to be less. I will have to pay less. It is going to be ...
Experts are optimistic that the 25 bps cut—the first in nearly five years—will make borrowing cheaper and spur the demand for consumer durables, automobiles and homes ...
In India, 24k of 100 grammes of gold will cost Rs 8,66,700 today, up Rs 1,600 from Rs 8,65,100 yesterday. Meanwhile, the ...
RBI’s 25 bps repo rate cut will bring relief to borrowers by lowering EMIs across loans. This move aims to make borrowing more affordable and boost spending.
In this week's newsletter, also read about the impact of RBI's rate cut, Yotta Data Services' plans for the AI revolution in ...
On Friday, the Reserve Bank of India (RBI) cut interest rates by 25 basis points, taking the benchmark repo rate to 6.25 per cent. The decision of the Monetary Policy Committee (MPC)—first time under ...
The monetary policy committee of RBI will cut repo rate by cumulatively 75 basis points in the year 2025, Bank of Baroda said ...
The decision by RBI on Friday to reduce its key rate for the first time in five years comes less than a week after the ...
Today’s monetary policy reflects a steady state of thinking at RBI. Today’s rate cut continued the MPC pivot to the “neutral” ...
Home, auto, and other loans are likely to see a drop in interest rates after the Reserve Bank of India cut the key benchmark ...