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 ...
The repo rate cut, combined with the benefits from the revised tax slabs announced in the Union Budget 2025 for the new tax ...
Apart from lower EMIs for existing borrowers, the RBI rate cut will also make home loan, auto loan and personal loan cheaper ...
The Trump administration’s policies could indirectly impact borrowing costs. Also, the costs of goods and services could rise if Trump implements tariffs on Mexico and Canada. As a result of higher ...
The RBI’s repo rate significantly influences personal loan interest rates. A rise in the repo rate leads to higher loan costs ...
Short-term funds are necessary for unexpected expenses. A ₹1 lakh personal loan is suitable for various needs, such as debt ...