Tag: loan tenure

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 issues draft directions to revamp Kisan Credit Card scheme, seeks comments by March 6

Mumbai, The Reserve Bank of India (RBI) on Thursday issued draft directions to revise and consolidate guidelines on the Kisan Credit Card (KCC) scheme, aimed…

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