Wed, Feb 08, 2023
RBI Governor Shaktikanta Das announced in bi-monthly monetary policy meeting that RBI will be extending UPI facilities to inbound travelers for merchant payments, starting with G20 countries.
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The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Wednesday hiked the repo rate by 25 basis points to 6.50%.
Mon, Feb 06, 2023
With retail inflation showing signs of softening and the US Fed moderating the pace of increase in its benchmark interest rate, the Reserve Bank is likely to settle for a smaller 25 bps repo rate hike in its forthcoming bi-monthly monetary policy on February 8.
Tue, Dec 27, 2022
RBI Repo Rate Hike: RBI hiked the repo rate in 2022 for the fifth time which impacted loan borrwers, economy and even GDP
Wed, Dec 07, 2022
Realty stocks were jittery on Dec 7 as the RBI raised the repo rate by 35 basis points. The fifth consecutive hike since May, 2022. Home loan interest rates and EMIs are likely to increase after December rate hike.
Wed, Jun 08, 2022
The Reserve Bank of India's (RBI) decision to increase repo rate by 50bps was on expected lines, however, it is likely to impact homebuyers negatively as EMIs are set to get costlier.
Fri, Jun 03, 2022
In the month of may reserve bank of india (RBI) increased repo rate with 40 basis point. After this now commercial banks are increasing landing rate. State Bank of India increase interest rate with 0.40 percent and this new rate implemented from 1st june 2022. Now if you are thinking of home loan through SBI, here in this video know first, What will be the impact on your monthly EMI if you take a home loan of 25 lakhs for 20 years after the interest rates increase.
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