With the new rate, your monthly EMI drops to Rs 17,356, resulting in a total savings of Rs. 76,259. If you maintain your current EMI payments, you could pay off your loan 5 months earlier than ...

The framework's foundational elements will also be improved by developing ... Health and Other Sectors Summary in FM Speech When the RBI lowers the repo rate, all loan interest rates linked ...

Under the leadership of newly appointed Governor Sanjay Malhotra, the Monetary Policy Committee has reduced the policy repo rate by 25 basis points to 6.25 percent from 6.50 percent, as widely ...

After the Reserve Bank of India (RBI) announced a 25 basis point reduction in the repo rate to 6.25% on February 7, loan borrowers are expected to see some relief. This marks the RBI’s first ...

The last time the MPC of the RBI cut rates was in early 2020, when it reduced the repo rate amidst the Covid-19 pandemic that had brought global economic activity to a near standstill. This time a ...