5 rule changes that will impact your wallet from now on
Beginning October 1st, several changes have come into effect that will impact your fi...
RBI determined to move to external benchmark on October 1
Also, studying possibility of linking NBFC lending rates to such benchmarks.
Repo-linked loans: Choosing a lender to be much easier as only 2 criteria for comparing loans
Borrowers no longer need to wait for their bank...
FM pushes banks to pass on rate cuts faster, link interest on loans to repo rate
"Today's environment demands that the banks be more reasonable with this," said Sitharaman.
Five more PSBs follow SBI, link deposit, loan rates to repo
Bank of India said another dimension of rate transmission process is by way of offering repo linked lending rate to select customer segments, including personal loans.
RBI committee recommendations to be credit positive for RMBS
The committee recommended linking of home loans pricing to an external, such as the repo rate.
After SBI, more PSU banks link deposit and loan rates to repo
The move to link the deposit and lending rates by these four lenders come even as the RBI has not mandated them to do so.
Watch: RBI MPC slashes GDP projection, announces 5th consecutive rate cut of 25 bps
At a press meet after the three-day Monetary Policy Committee meet, RBI Governor Shaktikanta Das announced the fifth consecutive repo rate c...
RBI cuts repo rate by 35 bps to 9-year low
Reduces growth forecast by 10 bps for the fiscal year to 6.9% on slumping demand
RBI Monetary Policy: Repo rate cut to boost affordable homes sales
Property builders hope the current rate cut would translate into lower EMIs on housing loans and will aid the sluggish property market.
Slowdown in the auto sector one of the 15 considerations for RBI to cut repo rate
“Tractor and motorcycle sales – indicators of rural demand – continued to contract," the central bank said.
RBI keeps rates unchanged due to inflation pressure, lowers growth estimate again
The six-member monetary policy committee (MPC) vote was unanimous, RBI said in a release.
Not just a 25 bps rate cut, Street demands unorthodox steps from RBI this time
Market mavens don’t see much effect on the market if the rate cut is on expected lines.
Oriental Bank to offer retail and small biz loan products linked with repo from Oct 1
The new products will be available to borrowers from October 1 onwards.
SBI to move RBI to offer fixed-floating rate home-loans: Chairman Rajnish Kumar
Kumar said there is a lack of clarity on how it can go ahead with the fixed rate products, after the RBI's new regulations on floating rates.
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