Home, auto loans to get cheaper from 1 October
Highlights: Rates on loans to retail, small borrowers to be linked to external benchmark Lowering the cost of funds for consumers and businesses is crucial for supporting economic growth The Reserve...
Tagged: RBI
RBI Rate Cut 2019: Loan EMIs likely to Reduce
Home Loan, Car Loan, Personal Loan EMIs to cost less Good news for borrowers as the Reserve Bank of India (RBI), in its bi-monthly monetary policy held on February 7...
Home loans, car loans to cost more as RBI hikes repo rate by 25 bps
For the first time in almost four-and-a-half years, the Reserve Bank of India increased the repo rate by 25 bps to 6.25% in its June 6 monetary policy meet today,...
Cash crunch eases, SBI says problem to be resolved by Friday
Currency crunch seen in many parts of the country in past few days showed signs of easing today with 86 per cent of ATMs coming online, cash being transported to...
RBI cracks down on Bitcoin, bans banks from dealing with cryptocurrency
India’s central bank is exploring the creation of a digital currency even as it escalates a crackdown on existing instruments such as bitcoin. The Reserve Bank of India (RBI) released...
