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Hosted on MSNHDFC Update: HDFC Bank increased interest rates instead of reducing them, taking a loan will become expensive..The Reserve Bank of India (RBI) cut the repo rate by 25 basis points today i.e. on 7 February. After this cut, the new repo ...
It is crucial to note that interest rates on personal loans vary from one lender to another. It is influenced primarily by ...
The interest rates on savings accounts have been drastically reduced by RBL Bank, according to the banks official website.
The Reserve Bank of India has cut the repo rate by 25 basis points to 6.25 percent. A repo rate cut benefits borrowers but ...
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Inquirer on MSNIndia's central bank delivers first rate cut since 2020India's central bank cut interest rates today for the first time in nearly five years, as concerns over a growth slowdown in ...
India's central bank has cut interest rates for the first time in nearly five years to counter slowing growth in Asia's third ...
The decrease in deposit rates results in diminished returns for fixed deposit (FD) investors, particularly senior citizens ...
A decrease in the repo rate will now prompt banks to lower their lending rates, making home loans more affordable.
The RBI’s repo rate significantly influences personal loan interest rates. A rise in the repo rate leads to higher loan costs ...
The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.
EMIs on home and vehicle loans will come down, making it easier for individuals to repay their debts. A lower repo rate makes ...
Investors should note the recent 25 basis points rate cut by the RBI signals a departure from the high-interest rate ...
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