Repo rate-linked loans drop fast, but MCLR and new loans may lag—when will your home loan EMI fall post RBI rate cut?
With the recent 25 bps reduction in the repo rate, banks are expected to lower home loan rates for both new and existing ...
Will RBI rate cut reach your EMIs? Govt is watching
The Reserve Bank of India (RBI) recently cut the repo rate by 25 basis points to 6.25%, influenced by a decline in GDP growth ...
When will your loan EMIs come down? Government to keep close eye on banks for RBI’s repo rate cut transmission
The RBI's recent 0.25 percentage point cut in the repo rate is under close government scrutiny to ensure banks pass this ...
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Stock Recommendations Today: LIC, Mahindra & Mahindra, Mazagon Dock, Ola Electric On Brokerages' Radar
Macquarie maintained an 'outperform' rating on LIC, with a target price of Rs 1,215. Despite a large VNB miss in third ...
Govt keeps eye on rate transmission
The government is meticulously watching banks to ensure the transmission of the recent RBI rate cut to borrowers, as ...
RBI Rate Cut Impact: How Much You Will Save On Home Loan EMI For Rs 30 Lakh Over 20 Years?
Even with a modest interest rate reduction, a borrower who takes out a loan for a home of Rs 30 lakh over 20 years saves a ...
FM Sitharaman highlights strong coordination between RBI, government for growth, inflation management
Finance minister Nirmala Sitharaman on Saturday said that both the Reserve Bank of India (RBI) and the government have been ...
RBI, FinMin to work together; Tax relief, interest rate cut to boost demand: FM Sitharaman ahead of new I-T bill
Income tax relief provided for in the Union Budget coupled with RBI repo rate cut put together will boost recovery in ...
Income tax relief, repo rate cut to boost recovery in consumption: Sitharaman
Income tax relief provided for in the Union Budget coupled with RBI repo rate cut put together will boost recovery in consumption in the economy, asserted Finance Minister Nirmala Sitharaman. At a ...
Finance Minister Nirmala Sitharaman says income tax and RBI rate cut will boost economy: Report
Sitharaman had announced an income tax reform, allowing zero income tax for those earning up to ₹12 lakh. The RBI then announced a 25 bps repo rate cut ...
Consumer Protection New Focus Of RBI
The central bank maintained its growth projections, forecasting a GDP growth rate of 6.6 percent for FY25 and 6.7 percent for FY26. Malhotra explained that the current focus on growth stems from ...