RBI governor Sanjay Malhotra announced a 25 basis points cut in the benchmark repo rate to 6.25%, the first reduction in five ...
The Monetary Policy Committee (MPC) of the Reserve Bank of India on Friday announced a 25 basis points cut in the repo rate, bringing it down to 6.25% from the earlier 6.5%.
How to Calculate the Repo Rate? The interest rates that commercial banks pay to the RBI or get when they put money in the RBI must be agreed upon and standardised. The repo rate is key to keeping ...
If you’re on a fixed rate, you might want to evaluate if switching to a floating rate makes sense, depending on market ...
With RBI cutting repo rate, retail borrowers who have taken floating rate loans will see their EMIs shrink as banks pass on ...
RBI’s 25 bps repo rate cut will bring relief to borrowers by lowering EMIs across loans. This move aims to make borrowing ...
While borrowers may expect their equated monthly installments (EMIs) to drop, many banks typically prefer to keep the EMI the ...
Last week, the Reserve Bank of India cut repo rate for the first time in nearly five years to 6.25% from 6.5%. The central ...
The hawkish tone of the Reserve Bank governor and the Monetary Policy Committee does not bode well for the repo rate in 2025.
Experts say that borrowers with repo rate-linked loans will see an immediate or near-term reduction, while those with ...
According to experts, investors who have invested in debt mutual funds may benefit from some significant tax-saving changes ...