The repo rate cut is expected to lower interest rates on loans, particularly benefiting homebuyers and other borrowers.
The move to cut the repo rate comes a week after Budget 2025 proposed making normal income up to Rs 12 lakh tax-free ...
The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...
Banks will pass on the rate cut benefit to those existing borrowers who took loans under the repo rate-linked floating interest rate system.
Vijay Mallya, the Indian tycoon once known as the 'King of Good Times', claims that banks have recovered over twice the loan ...
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India Today on MSNHome loans to get cheaper as RBI cuts rates. Check detailsThe RBI MPC reduced key lending rates by 25 basis points to 6.25%, the first rate cut in nearky five years under the leadership of newly appointed RBI Governor Sanjay Malhotra.
While new borrowers can expect banks to revise their rates soon, existing borrowers will typically see the benefit at their ...
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Hosted on MSNUSAID: Fear, anguish as mass layoffs hit Kenyans following Donald Trump's funding freezeThe halt of the United States Agency for International Development (USAID) funding has led to widespread job losses, plunging ...
RBI Governor Sanjay Malhotra will be announcing key decisions made by the all-powerful Monetary Policy Committee (MPC) at 10 ...
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Berning and other defendants have until February 12 to respond to the complaint brought against the Williston plaintiffs and LLC.
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