Most home loan rates are linked to the external benchmark rate (EBR), which means the 25 basis point reduction would be transmitted to your home loan rate soon. With 50 basis points cut in repo ...

A reduction in the repo rate allows banks to borrow more cheaply, often leading to lower interest rates on loans for consumers and businesses. New Delhi: The Reserve Bank of India (RBI ...

The Reserve Bank of India's (RBI) monetary policy committee cut the repo rate by 25 basis points in February to 6.25 per cent, its first reduction in nearly five years. RBI appears on track for ...

As the Reserve Bank of India (RBI) on Wednesday cut the repo rate again by 25 basis points, home loan EMIs are expected to fall. In the past two months, RBI has cut the repo by a total of 50 basis ...

Despite the RBI mandating repo-linked rates in 2019, a large number of borrowers still have loans linked to older benchmarks. (Image: Freepik) As widely expected, the Reserve Bank of India (RBI ...

The Reserve Bank of India (RBI) has today announced the repo rate cut by 25 bps to 6 per cent. Cutting the repo rate is generally seen as a signal that borrowing costs will go down, resulting in ...

The report points out that following the RBI's 25 basis point cut in repo rate in February, public sector banks reduced deposit rates by 6 basis points, and foreign banks reduced 15 basis points ...

Markets and economists expect the MPC to announce a repo rate reduction of at least 25 basis points, which means that home loan interest rates too will ease further. Given that lenders such as ...

Punjab National Bank (PNB) has cut its rate from 9.1% to 8.85%, effective from April 10, 2025. There are no changes to the bank’s existing marginal cost of funds-based lending rate (MCLR) and ...

Home loan interest rates are expected to ease further after the Reserve Bank of India (RBI), led by governor Sanjay Malhotra, announced a 25 basis points reduction in the repo rate, bringing it ...

RBI MPC Repo Rate Cut: With the RBI deciding to reduce repo rate by 25 bps, experts urge homebuyers to ensure income stability before investing in a house The Reserve Bank of India (RBI ...

The Reserve Bank of India (RBI) has further reduced the repo rate to 6% following the first Monetary Policy Committee meeting of FY26. This second consecutive rate cut aims to control inflation ...