A home loan EMI comprises of two parts – principal and interest. The principal amount of an EMI remains constant, but the interest is variable. Ever wonder why a change in the external benchmark say ...

For borrowers, the decision means that home loan interest rates are likely to remain stable for now. Banks typically adjust lending rates based on the repo rate set by the RBI. Since the rate remains ...

Repo Rate: The Reserve Bank of India (RBI) on Wednesday, August 6, kept the key policy repo rate unchanged at 5.5 per cent after a detailed assessment of the current economic and financial conditions.

The Reserve Bank of India (RBI) will conduct a seven-day variable rate repo auction on March 17 for Rs 1.50 lakh crore. The ...

US banks and primary dealers have ramped up usage of the Standing Repo Facility in the last week of November, ending the month with a USD 24 billion usage of the lending facility. Repo rates spiked ...