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India is exploring building three new strategic oil reserves to boost its emergency stockpile and strengthen energy security, ...
The Reserve Bank of India forecasts growth at 6.5% and 6.7% in fiscal 2026 ... The Financial Stability Report, published twice a year by the central bank, includes contributions from all financial ...
June 30 (Reuters) - India's final rules easing provisions for loans to under-construction infrastructure projects are likely to revive credit growth in the sector, Moody's Ratings said on Monday. The ...
As per guidelines issued by the Reserve Bank of India (RBI), no bank or non-banking financial company (NBFC) can offer full ...
Faced with declining housing sales and mounting economic uncertainties, industry body NAREDCO has urged the government to ...
After the RBI reduced the repo rate by half a percentage point, banks promptly lowered home loan interest rates.
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RBI Rate Cut: Is This The Time To Refinance?Refinancing or opting for a balance transfer could help lower EMIs, reduce the total interest burden, and shorten the loan ...
A home loan interest rate reduction of even 0.5% can save lakhs over, say, a 20-year tenure. This presents a golden opportunity for both new and existing borrowers to benefit. Why home loan rates ...
Suppose you have a home loan of Rs 50 lakh at an interest rate of 8.5 per cent for a tenure of 20 years. Your monthly EMI in this case would be around Rs 43,391.
For a Rs 50 lakh home loan with a 20 years tenure, you will save Rs 3,111.50 in monthly EMIs in case of interest rate with variable EMIs. In case of fixed EMIs, the loan tenure will come down by ...
If your interest rate is 8.5%, and your bank cuts the rate by 50 basis points, your total interest payable will come down from 54.14 lakh to Rs 46.67 lakh, thus you will be able to save Rs 7.47 lakh ...
RBI’s 50 bps repo rate cut: Check how much your EMI will drop on a Rs 50 lakh home loan over 20 years — Full calculation The Reserve Bank of India has cut the repo rate by 50 basis points ...
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