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 RBI announced the cut in its benchmark interest rate or repo rate, slashing the rate by 25 basis points. This has brought the overall interest rate down to 6.25 per cent, from its previous 6. ...

(Reuters) -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 ...

The Monetary Policy Committee (MPC), led by Governor Sanjay Malhotra, in his first monetary policy review, announced a 25-basis point rate cut to bring down the benchmark repo rate to 6.25% ...

According to Zee Business research, eight in every 10 economists polled expect no change in the repo rate in the December review. Foreign brokerage Nomura has maintained an out-of-consensus call, ...

has recently announced a reduction in its External Benchmark-based Lending Rate (EBLR) and Repo Linked Lending Rate (RLLR) for various loans, including home loans. The revised lending rates will ...

The SBI move, effective February 15, comes more than a week after the Reserve Bank cut the repo rate by 25 bps for the first time in close to five years. Following the downward repricing of new ...

Transferring your loan to a lender offering repo-rate linked loans could help you capitalise on the lower interest rates and reduce your overall interest burden. The Reserve Bank of India (RBI ...

"The rising repo rate in 2022 as the RBI reacted to the global recessionary and inflationary trends, plus a strong demand recovery spurring price hikes, worsened affordability in 2022," the report ...