In a major relief to home loan borrowers, the RBI reduced the repo rate by 25 basis points in its monetary policy meeting on ...
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RBI has reduced the repo rate by 25 basis points, providing relief to home loan borrowers. The repo rate cut could lead to ...
EMIs on home and vehicle loans will come down, making it easier for individuals to repay their debts. A lower repo rate makes ...
The Reserve Bank of India (RBI) on Friday slashed the repo rate by 25 bps. The repo rate cut has come as a double cheer for ...
The repo rate cut is expected to lower interest rates on loans, particularly benefiting homebuyers and other borrowers.
The move to cut the repo rate comes a week after Budget 2025 proposed making normal income up to Rs 12 lakh tax-free ...
The RBI's MPC, in a unanimous decision, lowered the repo rate in a bid to stimulate economic activity by making borrowing cheaper, thereby encouraging spending and investment.
Banks will pass on the rate cut benefit to those existing borrowers who took loans under the repo rate-linked floating interest rate system.
While new borrowers can expect banks to revise their rates soon, existing borrowers will typically see the benefit at their ...
The RBI MPC reduced key lending rates by 25 basis points to 6.25%, the first rate cut in nearky five years under the leadership of newly appointed RBI Governor Sanjay Malhotra.