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 ...

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 ...

Floating rate retail loans such as home loans and mortgage loans are turning cheaper as major banks are giving effect to the recent 25 basis points repo rate cut by RBI’s Monetary Policy ...

The Reserve Bank of India (RBI) is expected to cut benchmark rates by 50-75 basis points (bps) during 2025-26 to support consumption and lower borrowing costs, Crisil India Outlook 2025 report has ...

The Federal Reserve is likely to lower the FFR at the next meeting due to declining GDP, bond rates, and stock market ...

Crisil has forecast India’s GDP growth to be steady at 6.5 per cent and the RBI’s Monetary Policy Committee (MPC) to cut the repo rate by 50-75 basis points (bps) in fiscal 2026. The rating ...

SBI cuts home loan rate: Following the decision of the Reserve Bank of India (RBI) announcement to cut repo rates by 25 basis points (bps), the State Bank of India (SBI) - the country's largest ...

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% ...

(Bloomberg) -- A Bank of Canada official said a recent change in how the central bank sets its deposit rate is working to improve the functioning of money markets, lowering borrowing costs.

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 ...

Following the Reserve Bank of India's recent 0.25% reduction in the repo rate, attention has swiftly turned towards fixed deposit (FD) interest rates, particularly affecting senior citizens.

Mumbai: The liquidity crunch menacing the banking system will delay lending rate cuts and slow credit growth, lenders cautioned, calling for fresh measures to transmit lower repo rates to cheaper ...