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Economic Update offers a comprehensive evaluation of the country’s economy, highlighting the challenges and opportunities for sustainable growth, macro-fiscal stability, and development in the face of ...
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In contrast, a repo-linked loan, adjusted after the recent rate cut, at 7.35% for the same amount and tenure has an approximate EMI of ₹43,084.
4. Canara Bank home loan rates Canara Bank has reduced its Repo Linked Lending Rate (RLLR) from 8.75% to 8.25% for loans tied to the External Benchmark rate. This decision follows the Reserve Bank of ...
In the past four months, the repo rate has been cut by 100 basis points, from 6.5% in February to 5.5% in June 2025. Following a prolonged stretch of rate hikes, this is the third consecutive rate cut ...
WHEN financing a new car, beware of the balloon payment - this was a lesson learned by a man who lost his legal bid to get his car back after it was repossessed by the bank , This was, according ...
2. Impact of reducing repo rate: When the RBI wants to encourage economic activity in the economy, it reduces the repo rate. Doing this enables commercial banks to bring down the interest rates they ...
We explore propagation of seismic interpretation by deep learning in stacked 2D sections. We show the application of state-of-the-art image classification algorithms on seismic data. These algorithms ...
Alongside the repo rate reduction, the RBI also plans to lower the cash reserve ratio (CRR) by 100 bps on four tranches over the year, from 4 per cent to 3 per cent, freeing up an estimated ₹2.5 lakh ...
RBI repo rate cut: It means that borrowers can now opt for a higher loan amount while keeping their EMI unchanged (HT) Will the rate cut make homes more affordable for buyers? The rate cuts since ...
Cut RBI Repo Rate Impact on Home Loan "Although the RBI's 50 bps repo rate cut has been bold and visually striking in terms of allowing savings for its lenders, the repo rate N/O is at 5.5%, so ...
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