While prepaying loans can lead to savings, borrowers must examine prepayment fees outlined in loan agreements. Personal loans ...

The repo rate (repurchase rate) is the interest rate at which the central bank lends money to commercial banks when there is a shortage of funds.

RBI's decision to reduce the repo rates by 25 bps piggybacks on the recent taxation benefits announced in the Union Budget ...

Commenting on the RBI move, Manju Yagnik, vice chairperson of Nahar Group and senior vice president of NAREDCO - Maharashtra, ...

This 25 bps cut is expected to reduce home loan EMIs, offering a major boost to home buyers including new owners.

The repo rate influences interest rates on loans, including home loans. When the RBI lowers the repo rate, banks typically ...

EMIs on home and vehicle loans will come down, making it easier for individuals to repay their debts. A lower repo rate makes ...

The repo rate cut is expected to lower interest rates on loans, particularly benefiting homebuyers and other borrowers.

While new borrowers can expect banks to revise their rates soon, existing borrowers will typically see the benefit at their ...

Apart from lower EMIs for existing borrowers, the RBI rate cut will also make home loan, auto loan and personal loan cheaper ...

The RBI’s repo rate significantly influences personal loan interest rates. A rise in the repo rate leads to higher loan costs ...

While a lower base rate often leads to reduced interest rates, making life easier for borrowers but harder for those with ...