These banks have revised personal loan interest rates after RBI repo rate cut: Check full list
The RBI’s recent repo rate cut to 6.25% is expected to lower borrowing costs for personal and home loan borrowers. Several ...
The South African on MSN6d
Uncertainty over interest rates due to budget VAT hike impact
The VAT hike debate remains a hot topic ahead of the revised Budget Speech next week - and the Reserve Bank’s position on ...
Tax Guru14d
Repo Rate Cut & Its Effect on EMI: Why Borrowers Don’t see immediate relief
The repo rate is the rate at which the RBI lends to commercial banks. When the repo rate is cut, banks are able to borrow at cheaper rates, theoretically allowing them to transfer the gains to ...
Independent Online22d
S&P Global warns SARB could slow interest rate cuts amid US policy shifts
The SARB’s Monetary Policy Committee (MPC) cut the benchmark repo rate by 25 basis points in January for the third consecutive meeting following the end of the rates hike cycle that began in ...
Newsd3d
AU Small Finance Bank Cuts Senior Citizen FD Rates for 18-Month Tenure: Check New Rates Here
AU Small Finance Bank (AU SFB) has reduced its fixed deposit (FD) interest rates for senior citizens by 10 basis ...
The Pioneer9dOpinion
RBI’s Repo Rate cut: A golden opportunity for homebuyers
With the RBI lowering the repo rate by 25 basis points, home loan borrowers stand to benefit from reduced EMIs, making ...
The Citizen26d
Consumers warned against taking on more debt despite third repo rate cut
It is better not to use the few rands you save on interest to pay for more credit but rather save it or use it to repay ...
The Financial Express10d
Why your loan EMI has not dropped despite RBI’s rate cut
A repo rate cut generally lowers borrowing costs, making loans more affordable. However, borrowers often do not see an ...
Economists expect 25 bps rate cut in April meeting to support growth
Net liquidity in the banking system was in a deficit of Rs 1.09 trillion as of Monday, according to the latest data by RBI ...