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 ...
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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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The central bank set the real GDP growth forecast at 6.7% for the fiscal year of 2026 while the inflation rate lower at 4.2%.
While new borrowers can expect banks to revise their rates soon, existing borrowers will typically see the benefit at their ...
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Daily Maverick on MSNBank of Japan’s fresh take on labour crunch opens door for more rate hikesThe Bank of Japan is now pointing the finger at chronic labour shortages—rather than sluggish demand—as the culprit behind its economic woes, hinting that interest rates could rise faster than a sushi ...
Delivering his first monetary policy statement as RBI Governor, Sanjay Malhotra, said volatility in global markets and ...
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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 Reserve Bank of India has cut the key interest rate by 25 basis points to 6.25%, marking the first rate cut in nearly ...
Amazon is scared of a strong US dollar. And the FT’s Katie Martin tells us how investors might plan for a trade war. Katie Martin It’s this constant experience of feeling like you’re nailing jelly to ...
RBI Monetary Policy Meeting February 2025 Live Updates: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) ...
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