Even with a modest interest rate reduction, a borrower who takes out a loan for a home of Rs 30 lakh over 20 years saves a ...
EMIs on home and vehicle loans will come down, making it easier for individuals to repay their debts. A lower repo rate makes ...
Given the global volatility and uncertainty amidst a downturn and a depreciating currency, the MPC has done so by reducing ...
The industry players noted that the reduction in rates coming closely after the income tax relief provided to individuals ...
Governor Malhotra told investors that the RBI prioritizes long-term stability over any particular level of the exchange rate. He stressed India’s strong foreign exchange reserves, which as of January ...
The Reserve Bank of India (RBI) has slashed its benchmark lending rate by 25 basis points. This is its first such move in ...
The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...
The rupee recovered 9 paise from its all-time low level to close at 87.50 against the US dollar on Friday after the Reserve Bank of India reduced the key policy rate by 25 basis points in line with ...
RBI's repo rate cut by 25 bps to 6.25% is expected to boost housing demand by making home loans more affordable. Realtors ...
RBI's rate cut is expected to drive demand in India's auto sector, particularly for two-wheelers and entry-level cars.
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