The INR has remained flat against the US dollar year-to-date, a contrast to the 5.3% average appreciation seen in other Asian ...

At the rate of 7.50 per cent, for a home loan of Rs 50 lakh for 30 years, you will have to pay an EMI of about Rs 34,961 every month. In this way, you will save about Rs 1,727 every month.

India Business News: In a surprise move, the RBI slashed the repo rate by 50 basis points to 5.5%, exceeding expectations. This decision, driven by a lower projected infla ...

The CRR cut is expected to provide liquidity to the tune of ₹2.50 lakh crore for banks. The RBI’s rate setting panel has cut the policy repo rate from 6 per cent to 5.50 per cent.

The RBI on Friday cut repo rate by a higher-than-expected 50 basis points to prop up growth, which has slowed to a four-year low of 6.5 per cent in FY25. Following the rate cut, the key policy ...

Your dream home became more affordable thanks to rare back-to-back repo rate cuts by the RBI. The Reserve Bank of India cut the repo rate to 6.25% in February and further to 6% in April 2025.

When the central bank increases the reverse repo rate, it becomes more attractive for commercial banks to park their surplus funds with the central bank (e.g., the RBI) at a higher interest rate.

Following RBI’s recent 25-basis-point repo rate cut, the State Bank of India, the country’s largest public sector bank, has also slashed its lending rates by up to 0.25%. Effective April 15, 2025, the ...

RBI Repo Rate Cut: The panel has changed its monetary policy stance from "neutral" to "accommodative" in a bid to stimulate the domestic demand, support growth, and cushion the economy against ...

Home loan interest rates are expected to ease further after the Reserve Bank of India (RBI), led by governor Sanjay Malhotra, announced a 25 basis points reduction in the repo rate, bringing it ...

According to Adhil Shetty, CEO, BankBazaar, home loan rates are about to go sub-eight again with today’s 25 bps rate cut. “The lowest rates we’re currently seeing are between 8.10 and 8.35.