The repo rate has remained steady for many months due to high inflation. The Reserve Bank of India (RBI) paused rate hikes ...

Home loan borrowers are having an excellent year 2025, which started with a 25 basis point reduction in the repo rate by the RBI. Now, the central bank has announced another 25 basis point rate cut.

(Image: Pixabay ) RBI rate cut: The Reserve Bank of India Governor Sanjay Malhotra on April 9 announced that the central bank is cutting repo rate by 25 bps to 6 per cent with immediate effect.

The RBI’s six-member Monetary Policy Committee (MPC) is expected to go for a 25-basis-point repo rate cut in its upcoming meeting to shield the domestic economy from the fallout of the US ...

Interest rates on new home loans have dipped below 8 percent after the Reserve Bank of India’s (RBI) repo rate cut of 25 basis points on April 9. Public sector banks have already passed on the ...

Borrowers whose home loan rates are fixed against the repo rate, the most widely used external benchmark, are likely to benefit most by having a decline in their EMIs. The relief may appear in the ...

Economists expected that inflation would be between 2.9% and 3% and were surprised that it decreased to 2.7% in March. The news that inflation was the lowest in almost five years in March now has ...