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Tag: repo rate

Home ยป repo rate

Current News
By Anuradha RamamirthamApril 9, 2025

RBI cuts repo rate by 25 basis points, reduces to 6%

April 9, 2025: The Reserve Bank of India’s (RBI) governor, Sanjay Malhotra, announced today that, following a unanimous vote by the six-member Monetary Policy Committee (MPC), the repo rate is reduced by 25 basis … READ FULL STORY

Home Loans
By Anuradha RamamirthamApril 9, 2025

What is repo rate? How does it impact your home loan EMIs in 2025?

April 9, 2025: The Reserve Bank of India (RBI) on April 9, 2025 announced a rate cup of 25 basis points in the repo rate. This was done ย following a unanimous vote by the … READ FULL STORY

Current News
By Anuradha RamamirthamApril 9, 2025

RBI cuts repo rate by 25 basis points, reduces to 6%

February 7, 2025: The Reserve Bank of India’s (RBI) new governor, Sanjay Malhotra, announced today that, as decided in the Monetary Policy Committee (MPC) meeting, the repo rate is reduced by 25 basis points … READ FULL STORY

Current News
By Anuradha RamamirthamDecember 6, 2024

RBI retains repo rate at 6.5% for 11th consecutive time

December 6, 2024: The Reserve Bank of India’s (RBI) governorย  Shaktikanta Das announced today that as decided in the Monetary Policy Meeting (MPC), the repo rate will remain unchanged at 6.5%. This is the … READ FULL STORY

Current News
By Anuradha RamamirthamAugust 8, 2024

RBI retains repo rate at 6.5% for ninth consecutive time

August 8, 2024: In the first Reserve Bank of Indiaโ€™s (RBI) Monetary Policy Meeting (MPC) held after Budget 2024-25, it was decided to maintain the repo rate at 6.5%. This is the ninth consecutive … READ FULL STORY

Current News
By Anuradha RamamirthamJune 7, 2024

RBI retains repo rate at 6.5%, revises GDP forecast for FY 25 upward to 7.2%

June 7, 2024: The Reserve Bank of India (RBI) todayย  maintained that the repo rate continues to be at 6.5%. This is the eighth consecutive time when the repo rate remains unchanged. The RBI … READ FULL STORY

Home Loans
By Sunita MishraApril 5, 2024

Bank rate vs repo rate

Homebuyers may often hear about how a repo rate cut by the Reserve Bank of India (RBI) is likely to impact home loan interest rates. They may also hear similar things being mentioned when … READ FULL STORY

Current News
By Sunita MishraApril 5, 2024

RBI leaves repo rate unchanged at 6.5% for the 7th time

April 5, 2024:ย The Reserve Bank of India (RBI) today maintained a status quo on key policy rateย amidย signs of better growth and moderating inflation.ย Announcing the first bi-monthly monetary policy of the financial year 2024-25 (FY25) … READ FULL STORY

Current News
By Sunita MishraMarch 29, 2024

RBI leaves repo rate unchanged for 6th time in a row

February 8, 2024:ย The Reserve Bank of India (RBI) on February 8, 2024, decided to leave the repo rate unchanged at 6.5%. The RBI move to maintain a status quo for the key policy rate … READ FULL STORY

Property Trends
By Sunita MishraFebruary 8, 2024

RBI repo rate in February 2024

RBI leaves repo rate unchanged for 6thย time in a row February 8, 2024: The Reserve Bank of India (RBI) decided to maintain a status quo on the repo rate for the fifth time in … READ FULL STORY

Home Loans
By Sunita MishraMarch 6, 2024

What is the floating rate of interest? How is it different from a fixed rate?

Unless home loan borrowers specify that they want to borrow their loan with a fixed rate of interest, banks in India, as a standard practice, link it to a floating rate of interest. What … READ FULL STORY

Home Loans
By Anuradha RamamirthamMarch 28, 2024

How to qualify for a home loan?

Setting a budget and arranging funds are two of the most important steps in property buying. While the first one depends on you as to what extent you can stretch, arranging funds to buy … READ FULL STORY

Current News
By Sunita MishraDecember 11, 2023

Housing affordability may rise to a 3-year high in 2024: Report

December 11, 2023:ย Home purchases affordability is expected to improve for the better in 2024 amid expectations of a 60-80 basis- point repo rate cut during the year, says a new report. According to property … READ FULL STORY

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