RBI’s rate cut leads to drop in home loan rates, bringing greater relief to existing borrowers

RBI’s rate cut leads to drop in home loan rates, bringing greater relief to existing borrowers

Following the Reserve Bank of India’s (RBI) decision to cut the repo rate by 50 basis points, several major public sector banks have reduced their lending rates. The move aims to stimulate credit growth and support economic activity amid ongoing challenges. Bank...

India’s 10-year bond yield is expected to decline even further if the RBI implements a rate cut of over 25 basis points, according to a report by Bank of Baroda, as reported by ANI News.

According to a report by Bank of Baroda, India’s 10-year bond yield may decline further if the Reserve Bank of India (RBI) decides to cut interest rates by more than 25 basis points (bps). The report suggests that a rate cut of more than 25 bps would lead to a...