If you’re on a fixed rate, you might want to evaluate if switching to a floating rate makes sense, depending on market ...
The RBI cut the repo rate by 25 basis points to 6.25%, its first rate cut in nearly five years. What does it mean for you.
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 ...
Retail borrowers who have taken floating rate loans will see their EMIs shrink as banks pass on the benefit of lower repo ...
The Reserve Bank of India's (RBI) six-member Monetary Policy Committee (MPC) cut the repo rate by 25 basis points to 6.25% on ...
The repo rate is the interest rate at which the RBI lends money to banks. When the central bank lowers this rate, banks can ...
In addition to the repo rate cut, the Standing Deposit Facility (SDF) and Marginal Standing Facility (MSF) rates have also ...
EMIs on home and vehicle loans will come down, making it easier for individuals to repay their debts. A lower repo rate makes ...
This move comes as part of an effort to curb practices that lead to consumer detriment and to ensure a level playing field in ...