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The house purchase affordability of homebuyers has improved in the first half of 2025 as the RBI slashed the repo rate by 100 ...
Anirudha Yerunkar June 9, 2025 2:30 PM IST This move is expected to benefit borrowers with loans tied to this benchmark. Abhijeet Sen October 9, 2024 10:11 AM IST The impact of no-change in the ...
Abhijeet Sen October 9, 2024 10:11 AM IST The impact of no-change in the repo rate is expected to be nil as the Scheduled banks will have to maintain the similar rate of interest on its loans ...
Switching your loan to a new lender usually incurs a processing fee, typically ranging between 0.5 per cent and 1 per cent of ...
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On June 7, the Reserve Bank of India (RBI) made a significant cut of 0.50% in the repo rate , bringing it down to 5.5%. Since February 2025, the RBI has reduced the repo rate by a total of 1%. Home ...
As of Nov. 5, 2024, banks in India are offering home loans at interest between 8.35% and 14.50% to eligible applicants. Meanwhile, the Reserve Bank of India (RBI) ...
What transformations do you foresee in the home loan market over the next 5-10 years? "We are on the cusp of a significant transformation," Garg asserts. "As India's GDP per capita continues to rise ...
As of April 9, 2025, HDFC Bank offers home loan interest rates beginning from 8.70% per annum, while State Bank of India (SBI) provides home loan interest rates starting from 8.25% per annum.
The 50 basis point repo rate cut by the RBI has raised hopes that home loan rates will also come down. In the past three months, the RBI has trimmed its key repo rate by 100 basis points, from 6. ...
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