“Supply chain shocks and higher interest rates drove up costs to purchase ... By December 2022, 0.75% of auto loans were assigned for repossession, compared to 0.61% in December 2019.
The 6-member Monetary Policy Committee (MPC) meeting on February 7, 2025, slashed the rate of repo by 25 basis points, ro ...
Explore the latest insights and trends in automotive remarketing for used car dealers and franchises to enhance your business ...
The RBI’s recent repo rate cut to 6.25% is expected to lower borrowing costs for personal and home loan borrowers. Several ...
A repo rate cut generally lowers borrowing costs, making loans more affordable. However, borrowers often do not see an ...