RBI repo rate cut EMI calculations: While the 25 basis points rate cut will give marginal relief to new and existing loan borrowers, it is the cumulative 1.25% rate cut since the start of this year, ...
Loan borrowers - whether home, car or personal, have been given an early New Year cheer by the Reserve Bank of India (RBI). The Monetary Policy Committee (MPC) has cut the repo rate by 25 basis points ...