Recently, the Reserve Bank of India (RBI) cut the repo rate for the first time after 5 years. RBI decided to reduce the ...

After the RBI cut its repo rate by 25 bps to 6.25%, major banks have followed suit, lowering home loan rates and offering borrowers relief with reduced EMIs or shorter tenures.

The Reserve Bank of India on February 7, 2025, cut the repo rate—from 6.50% to 6.25%—for the first time in nearly 5 years.

In an interview with Teena Jain Kaushal, the Managing Director and CEO of Aditya Birla Housing Finance, Pankaj Gadgil ...

Just six days after Union Budget 2025-26 was presented and nearly five years after its last such decision, the Monetary ...

MUMBAI: The nation’s largest lender State Bank of India (SBI) has joined its peers in reducing interest rates on new retail and business loans tied to external ...

Despite the rate cuts, SBI has left its Marginal Cost of Funds-Based Lending Rate (MCLR), Base Rate, and Benchmark Prime ...

State Bank of India (SBI) reduced interest rates on new retail and business loans tied to external benchmarks, following the ...

EMIs stand for Equated Monthly Installments which is a breakup of loan principal amount + interest rate on that loan. EMIs ...

Mumbai Police economic offences wing cracks down on persons connected to the alleged ₹122 crore scam in connection with New ...

Business & Economy, For those looking to take a new home loan, the rate cut reduces borrowing costs significantly. This ...

One key takeaway from Union 2025 presented by FM Nirmala Sitharaman and the rate cut by the RBI is a congruence of focus on ...