Tag: Home Loan

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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Posted in Economy

RBI ready to do heavy lifting on loan risk weights

Mumbai: In a move aimed at encouraging disciplined credit behaviour and freeing up more capital for banks to lend, the Reserve Bank of India has…

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Can your lifestyle survive without a salary? That’s the real test of freedom which you are perhaps chasing
Posted in Finance

Can your lifestyle survive without a salary? That’s the real test of freedom which you are perhaps chasing

Is financial freedom the ultimate objective of personal finance? How much is enough to say we are free? How and when do we know? These…

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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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