Banks will pass on the rate cut benefit to those existing borrowers who took loans under the repo rate-linked floating interest rate system.
In India, many individuals adopt a multi-credit card strategy to meet various needs, such as instant discounts or cashback.
The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...
Bank Nifty gave up the cautious gains of the early morning session to slip into losses. HDFC Bank stock fell as much as 1 ...
Capital good, infrastructure, and construction companies have faced significant slowdowns due to government payment delays, ...
Sensex and Nifty gained as the RBI cut the repo rate by 25 basis points to 6.25 percent, marking its first rate reduction ...
Apart from lower EMIs for existing borrowers, the RBI rate cut will also make home loan, auto loan and personal loan cheaper ...