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

IST, the barometer index, the S&P BSE Sensex, added 228.58 points or 0.29% to 78,293.57. The Nifty 50 index rose 78.55 points or 0.33% to 23,681.85.

The interest rate cut, coupled with Budget 2025 tax sops favouring middle class, is expected to reduce EMIs for existing ...

The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has ...

To strengthen security further, the RBI will extend the additional factor of authentication for digital payments to online ...

The Bank of Japan is now pointing the finger at chronic labour shortages—rather than sluggish demand—as the culprit behind its economic woes, hinting that interest rates could rise faster than a sushi ...

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.

The Reserve Bank of India (RBI) on Friday reduced the repo rate (RR) by 25 basis points (bps) to 6.25 per cent from 6.5 per ...

The RBI's MPC, in a unanimous decision, lowered the repo rate in a bid to stimulate economic activity by making borrowing cheaper, thereby encouraging spending and investment.

Banks will pass on the rate cut benefit to those existing borrowers who took loans under the repo rate-linked floating interest rate system.

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