Tag: Home loan interest rate

Between May 2022 and February 2023, RBI increased the repo rate by 2.5 percentage points from 4% to 6.5% — this led to a direct cost increase for long term borrowers.
Posted in Business

Your Money: How to manage your home loan amid rising rates

Rashi and her husband got quite a shock when they realised the principal on their home loan was no longer reducing at the same pace….

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Big relief for home loan borrowers as EMIs to fall by 1.8% on a 20 year loan tenure as RBI reduced repo rate by 25 bps
Posted in Finance

Big relief for home loan borrowers as EMIs to fall by 1.8% on a 20 year loan tenure as RBI reduced repo rate by 25 bps

In a big relief to home loan borrowers RBI has finally reduced the repo rate by 25 basis points in its monetary policy meeting on…

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