The 6-member Monetary Policy Committee (MPC) meeting on February 7, 2025, slashed the rate of repo by 25 basis points, ro ...

The RBI’s recent repo rate cut to 6.25% is expected to lower borrowing costs for personal and home loan borrowers. Several ...

Core inflation, which excludes food and fuel goods, rose across all definitions due to a sharp rise in gold prices during ...

Explore the latest insights and trends in automotive remarketing for used car dealers and franchises to enhance your business ...

A repo rate cut generally lowers borrowing costs, making loans more affordable. However, borrowers often do not see an ...

The State Bank of India (SBI) has announced unchanged marginal cost of funds-based lending rates (MCLR) for various loan ...

A record number of Americans are falling behind on car loans—and more than one factor is causing the trend.

Typically, EBLR is employed for floating rate loans catered towards retail customers and MSMEs. Common examples of loans linked to EBLR include home, personal, and auto loans. Repo-Linked Lending ...

Bank of Maharashtra (BoM) on Sunday announced reduction by up to 25 basis points (bps) in interest rates on retail loans, including home, car, education and other loans linked with Repo Rate ...

The SBI move, effective February 15, comes more than a week after the Reserve Bank cut the repo ... SBI's auto loans are also linked to the one-year marginal cost of funds-based lending rate ...

Also, car loans now start at 8.45% per year. The bank has also lowered its education and other loans linked with the Repo Linked Lending Rate (RLLR) by 25 bps. Another bank which has slashed its ...