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LIC Housing Finance has reduced its rate of interest on new home loans by 50 basis points, in line with the similar degree of repo rate cut by yje Reserve Bank of India (RBI).
The monetary policy committee (MPC) voted for a 50 basis points repo rate cut in its last meeting to give a leg-up to private sector investments, which have been weak despite high capacity ...
Economy Turkish Central Bank leaves policy rate unchanged, as expected Benchmark one-week repo rate currently stands at 46% Mücahithan Avcıoğlu | 19.06.2025 - Update : 19.06.2025 ...
As of December 2024, RBI data shows 60.4% of floating-rate home loans are linked to the repo rate. But a significant number, around 35.6%, are still on MCLR, and 2% on the Base Rate.
Namibia's central bank left its main interest rate unchanged on Wednesday, saying it wanted to safeguard the local currency's peg to South Africa's rand and that global risks were limiting its ...
MUMBAI, June 16 (Reuters) - The Reserve Bank of India has sought feedback from large market participants on aligning the overnight interbank call money rate more closely with the policy repo rate ...
Economists are predicting that the repo rate will remain unchanged at 6.75% come Wednesday. The Bank of Namibia (BoN) is expected to make a monetary policy announcement this week.
RBI cuts repo rate from 6.00% to 5.50% to boost economy Bank of Baroda reduces lending rate to 8.15% effective 7 June PNB cuts repo linked rate to 9.10% for home and auto loans Following the ...
Canara Bank and Union Bank have cut lending rates following the RBI’s surprise 50 basis point repo rate reduction to 5.5%. The move is expected to ease EMIs and boost credit demand across retail ...
While the RBI repo rate cut brings hope, banks often delay passing on the benefit, meaning floating-rate borrowers may have to wait for lower EMIs. The Reserve Bank of India (RBI) has cut the repo ...
The Borsa Istanbul Banks Index rose as much as 4.9% to the highest in nearly three months after the central bank said 100 billion liras ($2.5 billion) were lent at its repo auction on Tuesday ...
EMIs fall as state-run banks pass on rate-cut bonanza to existing borrowers - The New Indian Express
Major PSBs like BoB, PNB, BoI, and Uco Bank have slashed their repo-linked lending rates by 50 bps, leading the rate-cut trend to boost credit growth. MUMBAI: Many large public sector banks such ...
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