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RBI Repo Rate Cut: Will home loan borrowers get relief in EMIs? Check calculation
In a significant move aimed at boosting economic growth, the Reserve Bank of India (RBI) has reduced the key repo rate by 25 basis points, bringing it down to 6.25%. This marks the first reduction ...
Income tax cuts, RBI's repo rate reduction and more: Here's how April will impact your wallets
With a host of financial changes set to take effect in April here's a quick guide to the developments that are bound to ...
Mint16d
RBI cut repo rate in Feb. Why did it take so long for banks to reduce interest rates?
Let us look at how transmission of rate action from the RBI percolates to the ground. The repo rate is the rate at which the RBI lends money to banks if required, one day at a time. When the RBI ...
Asian News International on MSN6d
RBI to shift focus on growth over inflation in April policy meeting, cut repo rate by 25 bps: Care Edge
The upcoming monetary policy meeting in April takes place amid a significant moderation in headline inflation over recent ...
moneycontrol.com10d
RBI repo rate cut: Home loan rates dip, but new borrowers may miss full benefit
Currently, with the repo rate at 6.25 percent, the lowest home loan rates are 8.10-8.25 percent. Home loan interest rates have come down after the Reserve Bank of India's (RBI) 25 bps repo rate ...