The repo rate cut is expected to lower interest rates on loans, particularly benefiting homebuyers and other borrowers.
The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...
The move to cut the repo rate comes a week after Budget 2025 proposed making normal income up to Rs 12 lakh tax-free ...
Banks will pass on the rate cut benefit to those existing borrowers who took loans under the repo rate-linked floating interest rate system.
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ABP Live on MSNRBI MPC 2025: New Governor Sanjay Malhotra Announces Decision In Last Meeting Of FY25, Check Repo Rate HereThis is the first meeting of the panel under the leadership of RBI Governor Sanjay Malhotra, who assumed office in December ...
While new borrowers can expect banks to revise their rates soon, existing borrowers will typically see the benefit at their ...
Delivering his first monetary policy statement as RBI Governor, Sanjay Malhotra said, "Uncertain global environment poses ...
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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.
The stock market went into the red upon opening as trading began on Friday, February 7, the day the new Reserve Bank of India ...
A sub-market of the London Stock Exchange, Aim — formerly the Alternative Investment Market — will turn 30 this year. But any celebrations are likely to be muted.
RBI Monetary Policy Meeting February 2025 Live Updates: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) ...
The RBI may have taken comfort from the tax cuts proposed in the Budget, which will offer some relief to the common man ...
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