The RBI’s recent repo rate cut to 6.25% is expected to lower borrowing costs for personal and home loan borrowers. Several ...
The South African on MSN5d
Uncertainty over interest rates due to budget VAT hike impactThe VAT hike debate remains a hot topic ahead of the revised Budget Speech next week - and the Reserve Bank’s position on ...
Despite the latest inflation figures showing an increase, it still remains at the bottom end of the SARB’s target range.
In February 2025, six banks adjusted senior citizen fixed deposit rates, offering up to 9.1% amid a 0.25% RBI repo rate cut.
The repo rate is the rate at which the RBI lends to commercial banks. When the repo rate is cut, banks are able to borrow at cheaper rates, theoretically allowing them to transfer the gains to ...
A repo rate cut generally lowers borrowing costs, making loans more affordable. However, borrowers often do not see an ...
With the RBI lowering the repo rate by 25 basis points, home loan borrowers stand to benefit from reduced EMIs, making ...
AU Small Finance Bank (AU SFB) has reduced its fixed deposit (FD) interest rates for senior citizens by 10 basis ...
It is better not to use the few rands you save on interest to pay for more credit but rather save it or use it to repay ...
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