RBI repo rate cut: The Reserve Bank of India (RBI) unexpectedly announced on Friday that the 50 BPS repo rate would be lowered to 5.50 percent. After the three-day RBI MPC meeting, RBI Governor ...

RBI Repo Rate Cut Impact: The Reserve Bank of India (RBI) on Friday announced another reduction in the repo rate by 50 basis points, which is welcome news for those paying Equated Monthly Installments ...

The repo rate is the rate at which the RBI lends money to commercial banks. When this rate goes down, banks usually lower their own lending rates. This makes loans—especially home loans ...

The Reserve Bank of India (RBI) on 6 June cut the repo rate ( the interest at which the central bank lends to commercial banks) by 50 basis points (bps) to 5.5%, which has given much needed relief ...

The RBI reduced the policy repo rate for a third successive time, which was widely expected. But what was not expected was the depth of the rate cut — 50 basis points (bps). The three rate cuts since ...

The RBI's successive cuts in repo rate, totaling 100 basis points since February, coupled with personal income tax relief in the Budget, are predicted to boost demand for affordable and mid-income ...

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 ...

In a move aimed to bring about certainty and confidence to markets, the Reserve Bank of India announced a bigger-than-expected repo rate cut of 50 basis points, reduced the Cash Reserve Ratio (CRR ...

It’s a prudent move given the slack in capex and consumption,” a fund manager tracking macro policy said. With repo rate now at its lowest in nearly two years, market participants expect banks to ...

In a significant relief to homebuyers, the Reserve Bank of India (RBI) on Friday reduced the repo rate by 50 basis points (bps) to 5.50 per cent. This is the third consecutive reduction by the ...

RBI MPC Meeting Highlights: RBI governor Sanjay Malhotra-led Monetary Policy Committee (MPC) announced a 50 basis points cut in repo rate today to 5.5% from 6%. Experts had widely expected the RBI ...

The RBI's decision to cut the repo rate by 50 basis points is praised by realtor bodies CREDAI and NAREDCO. This measure is expected to boost housing sales, particularly in low-cost segments, by ...