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Tag: RBI repo rate cut

RBI Cuts Repo Rate: How Your Home Loan EMI Will Drop

RBI Cuts Repo Rate: How Your Home Loan EMI Will Drop

The Reserve Bank of India (RBI) has issued a 50-basis points (bps) dip in the repo rate, freeing home loan borrowers from a weight. A reduced repo rate means lower interest rates, which directly impacts monthly EMIs and savings over the entire loan term. RBI Cuts Repo Rate and the impact on Home Loan EMI […]

RBI Set to Cut Repo Rate Again: Will Your EMI Reduce?

RBI Set to Cut Repo Rate Again: Will Your EMI Reduce?

RBI Repo Rate: Following the end of a three-day policy meeting, the Reserve Bank of India’s (RBI) monetary policy committee (MPC) is anticipated to lower the repo rate on Friday. Once the banks give their customers the benefit of the rate reduction, this should further lower your home loan EMI. Notably, after almost five years, […]

Will Your Home Loan EMI Reduce After RBI’s Repo Rate Cut?

Will Your Home Loan EMI Reduce After RBI’s Repo Rate Cut?

RBI’s Repo Rate Cut: The Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points, following a 25-point cut earlier. This brings the total reduction to 50 basis points in just two months. This move aims to encourage borrowing and boost economic activity. For many home loan borrowers, this is a […]

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