Today's repo rate cut lowers home loan interest rates, reducing EMIs by Rs 3,000 to Rs 4,000 for a Rs 50-lakh loan ...
RBI's repo rate cuts are making home loans cheaper, but borrowers should focus on total interest paid. Prepaying high-cost, ...
The fastest benefit of the repo rate cut reaches to floating rate loan borrowers. These are the borrowers who have taken ...
Homebuyers finally have something to cheer about. After the Reserve Bank of India (RBI) cut the repo rate by 25 basis points ...
While banks use varied benchmark rates, they often slow interest rate reductions and cut EMIs, but not tenure. Borrowers can ...
With this 25 bps cut, the central bank has reduced the key rate at which it lends to commercial banks for the fourth time in ...
The Reserve Bank of India's (RBI) new rules allow borrowers to request lower home loan interest rates if their credit score improves post-loan approval.
Since all new, retail floating-rate home loans sanctioned after 1 October, 2019 are linked to an external benchmark, which is ...