A decrease in the repo rate will now prompt banks to lower their lending rates, making home loans more affordable.
State Bank of India recorded an 84% increase in Q3 net profit to Rs 16,891 crore, driven by a lower base year. Despite a 14% ...
In today's era, home loans play a big role in buying a dream house. People get loans at low interest, so that they can buy a ...
The repo rate cut, combined with the benefits from the revised tax slabs announced in the Union Budget 2025 for the new tax ...
The repo rate influences interest rates on loans, including home loans. When the RBI lowers the repo rate, banks typically ...
The RBI MPC reduced key lending rates by 25 basis points to 6.25%, the first rate cut in nearky five years under the leadership of newly appointed RBI Governor Sanjay Malhotra.
SBI did not have to make a ₹7,100-crore provision for employee pension and wages, boosting profit growth at the country's ...