RBI’s 25 bps repo rate cut will bring relief to borrowers by lowering EMIs across loans. This move aims to make borrowing ...
Foreign banks and brokerages anticipate RBI to cut repo rate by 25 bps in April, with focus on liquidity and growth.
The repo rate is the rate at which commercial banks borrow from the RBI. This drop comes after nearly 5 years of house loan ...
With the RBI reducing the repo rate by 25 bps in the recent MPC meet, some banks may consider reducing their deposits rates, ...
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 ...
The RBI's recent 0.25 percentage point cut in the repo rate is under close government scrutiny to ensure banks pass this ...
Finance minister Nirmala Sitharaman on Saturday said that both the Reserve Bank of India (RBI) and the government have been ...
If one's home loan is linked to an external benchmark like repo, the transmission should be quick. Interest rates for new borrowers will also be reduced. A quick calculation shows, that a home loan of ...
These loans typically move in tandem with the repo rate, up or down. So, borrowers who have such loans will see an immediate impact. A quick calculation we did earlier shows, following the 25 bps rate ...