RBI cuts repo rate: Interest savings of Rs 4.36 lakh on Rs 50 lakh loan; Rs 22,000 per month with Budget 2025 perks
Assuming the rate kicks in from April 1 after 12 EMIs of this loan have been paid, then one can get per-lakh interest savings of Rs 3002 from the rest of the year.
RBI cuts repo rate by 25 bps to 6.25%, Deposit rate transmission to take two quarters
The Standing Deposit Facility (SDF) rate remains unchanged at 6.5 percent, as do the Marginal Standing Facility (MSF) and bank rates, indicating a cautious yet accommodative monetary policy stance, sa
RBI rate cut: Home loan borrowers can save Rs 4.20 lakh on Rs 50 lakh loan
RBI's decision to reduce the repo rates by 25 bps piggybacks on the recent taxation benefits announced in the Union Budget
Reactions to RBI repo rate cut
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at its slowest pace in four years during the current fiscal year.
New RBI Governor Delivers India’s First Rate Cut Since 2020
India’s new central bank governor cut interest rates for the first time in almost five years on Friday to help spur a slowing economy as global risks intensify.
India cuts policy rate for the first time in nearly five years, new central bank governor Malhotra says
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has offered room to stimulate the slowing economy. The Monetary Policy Committee decided to trim the repo rate by 25 basis points to 6.
Repo Rate Cut: Relief on Interest Rates - Experts
RBI's MPC cuts repo rate by 25 basis points, providing relief on interest rates. Experts anticipate further cuts, citing inflation easing and economic growth support.
India's central bank cuts repo rate for first time in nearly 5 years
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at its slowest pace in four years during the current fiscal year.
RBI cuts repo rate by 25 basis points to 6.25%, first time in 5 years
On Friday, the Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) reduced the repo rate, the rate at which the RBI lends to commercial banks by 25 basis points, bringing it down to 6.
MPC Meeting Today, Experts Predict Central Bank Likely To Slash Repo Rate
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is set to announce its first monetary policy under new Governor Sanjay Malhotra on Friday. Experts anticipate that the central ba
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RBI MPC Meeting Live Updates: It's a symbolic rate cut, says Governor
The former revenue secretary in the Ministry of Finance, Malhotra is expected to announce the cuts to lower interest rates ...
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RBI MPC Rate Cut: Why Sensex, Nifty are in Red Despite Growth Boost
The central bank has reduced key interest rates by 25 bps, a much-needed relief for liquidity boost, but has kept its stance ...
Mutual fund experts analyze RBI rate cut: What it means for investors
The RBI MPC cut the repo rate by 25bps to 6.25%, its first since 2020, aiming to support growth. Experts expect further rate ...
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RBI MPC 2025: Panel Slashes Key Rates By 25 Bps, See How This Will Make Home Loans Cheaper
This marked the first rate reduction from the central bank in almost five years and this decision will translate into reduced ...
RBI's rate cut to have limited impact, more needed to boost housing: Credai
Realtors' apex body CREDAI on Friday said the RBI's decision to cut benchmark lending rate by 25 basis points might have ...