Lower EMI for home loan borrowers of Canara Bank, PNB, Union Bank and others as these banks cut repo linked lending rates
The RBI decreased the repo rate by 25 basis points to 6.25%, leading many banks like Canara Bank, PNB, and Union Bank of ...
RBI Repo Rate Cut: Will your loan EMIs decrease?
RBI’s 25 bps repo rate cut will bring relief to borrowers by lowering EMIs across loans. This move aims to make borrowing ...
moneycontrol.com5d
RBI cuts repo rate by 25 basis points, announces governor Sanjay Malhotra
The RBI MPC, which met for the first time under the new central bank governor Sanjay Malhotra, on February 7 cut the repo rate by 25 basis point to 6.25 percent to give a boost to a slowing economy.
Business Line5d
Repo rate cut: Lending and deposit rates cut could happen with a lag
AJAY VERMA The 25-basis-points repo rate cut may take some time to get reflected in Banks’ lending and deposit rates, as the latter has become sticky in view of competition for mobilising ...
Expect 25 bps rate cut: How will debt funds react to potential RBI cut?
A reduction in interest rates typically has a significant impact on debt funds, particularly in terms of bond prices, yields, ...
EMI relief for home loan buyers? What happens to loan rate if RBI cuts interest rates on Friday
The RBI repo rate is a crucial factor in determining loan rates, including those for home loans. A dip in the repo rate by ...