A decrease in the repo rate will now prompt banks to lower their lending rates, making home loans more affordable.
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Hosted on MSNRBI Policy 2025, RBI Repo Rate: New Governor Sanjay Malhotra cuts policy rate by 25 bps to 6.25%The latest decision brings the repo rate from 6.50 per cent to 6.25 per cent. Sanjay Malhotra, the newly appointed RBI ...
EMIs on home and vehicle loans will come down, making it easier for individuals to repay their debts. A lower repo rate makes ...
This will be the first repo rate cut since 2023. Rates were paused for 11 consecutive policies under former governor ...
India's central bank has cut interest rates for the first time in nearly five years to counter slowing growth in Asia's third ...
The real estate industry often benefits from a lower repo rate imposed by the central bank. However, it will take two to ...
The former revenue secretary in the Ministry of Finance, Malhotra is expected to announce the cuts to lower interest rates ...
Bank of Baroda, Axis Bank, Punjab National Bank, Canara Bank and ICICI Bank from the Nifty Bank index were trading lower ...
It was widely anticipated that the RBI will deliver a rate cut and, hence, the market has not reacted much to the rate cut, ...
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The RBI repo rate is a crucial factor in determining loan rates, including those for home loans. A dip in the repo rate by ...
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