October 6, 2023: The Reserve Bank of India on October 6, 2023, left the repo rate unchanged at 6.5% for the fourth time in a row. The move by India’s apex banks augurs well … READ FULL STORY
June 8, 2023: The Reserve Bank of India (RBI) decided to leave the repo rate unchanged at 6.5% while announcing the second monetary policy for this financial year (FY24). The decision of the six-member … READ FULL STORY
June 7, 2023: Analysts and experts expect the Reserve Bank of India (RBI) to maintain a status quo on its benchmark lending rate during its policy announcement on June 8, 2023. They are of … READ FULL STORY
May 31, 2023: India’s apex bank may reduce its key benchmark lending rate in the fourth quarter of 2023 amid easing inflation and other factors, global forecast agency Oxford Economics said on May 29, … READ FULL STORY
Assocham President Ajay Singh on April 4, 2023, urged the Reserve Bank of India (RBI) to maintain a status quo in the repo rate in the wake of uncertainties in the global business environment. … READ FULL STORY
The Reserve Bank of India (RBI) may go for yet another increase in April 2023 in its benchmark lending rate as inflation remained way above its tolerance zone in February 2023. The next monetary … READ FULL STORY
Amid the Reserve Bank of India increasing the repo rate, home loans in India have become more expensive in 2023. While nearly all banks have implemented this rate hike in their home loan interest, … READ FULL STORY
The Reserve Bank of India (RBI) on December 7, 2022, increased the repo rate by 35 basis points. The fifth consecutive hike in the apex bank’s benchmark lending rate has brought it to 6.25% … READ FULL STORY
If banks were to increase lending rates by another 25 basis points in future, loan EMIs would increase by 200 basis points (2%), says the latest report by Motilal Oswal Financial Services. The analysis … READ FULL STORY
The Reserve Bank of India (RBI) data suggests home loan outstanding of banks has doubled in the last five years. Contrary to the general perception that interest rates have a tangible impact on home … READ FULL STORY
The RBI on May 4, 2022, increased the cash reserve ratio by 50 basis points to 4.5%, a move that is likely to put pressure on interest rates. However, to understand the full repercussion … READ FULL STORY
Loans are a potent financial instrument that enable people to buy their dream homes, by focusing on their future earning capacity. As the size of home loan are usually very big, borrowers require a … READ FULL STORY
The real estate sector is the second-biggest employment generator in India. Going by that data, one can understand the large scale of activities that have been taking place in the sector, across the country … READ FULL STORY
