RBI slashes repo rate by 25 bps; your home, vehicle loan EMIs may come down

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Your loan rates, including home and car loan EMIs are going to come down with the RBI announcing a 25 basis points repo rate cut to 6.25 per cent.

RBI cuts Repo Rate by 25 bps: Your EMIs may ‘actually’ come down further Apr 07, 2016 3413 Views Leave a Comment The Reserve Bank of India (RBI) yesterday cut the Repo Rate by a further 25 basis points to bring it down to 6.50% at the first bi-monthly monetary policy meeting of the fiscal year.

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RBI cuts Repo rate : Impact on your HOME LOAN.. Reserve Bank of India (RBI) has cut Repo Rate by 25 Basis points (0.25%) on 15 th Jan, 2015. RBI Governor unexpectedly and surprisingly has cut interest rates for the first time in nearly 2 years.. Home Loan interest rates may come down in.

However, existing home loan customers may have to wait awhile to see an impact on their EMIs because. So, your loan rate will go down only after 12 months from the reset date. Nonetheless, the.

RBI Hikes Repo Or Key Lending Rate To 6.25%, Home Loan EMIs Likely To Rise The Reserve Bank of India (RBI) on Wednesday hiked the key lending or repo rate by 25 basis points to 6.25 per cent.

With the apex bank lowering the repo rate, it is likely that banks will follow suit and reduce their MCLR. Good news for borrowers as the Reserve Bank of India (RBI), in its bi-monthly monetary policy held on February 7 has reduced the key policy rates by 25 basis points (bps). (One basis point is.

Reading Time: 2 minutes New Delhi: EMI’s on home and car loans are likely to fall as the Reserve Bank of India (RBI) on Thursday announced a cut in repo rate by 25 basis points to 6 per cent. This is the second consecutive time the six-member Monetary Policy Committee (MPC) of RBI, headed by RBI Governor Shaktikanta Das, [.]

MUMBAI: In its first bi-monthly monetary policy meet of this financial year (FY19-20), the Reserve Bank of India (RBI) on Thursday decided to cut repo rate by 25 basis points (bps) or 0.25 per.

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RBI Monetary Policy: RBI cuts Repo rate by 25 bps to 6.25%. While Reverse repo rate under. 02.50 pm: For the first time in a long time, weak global demand is going to bring down trade volume. IMF.