RBI Rate Cut: If You Have Home Loan of Rs 50 lakhs, Your EMI may Reduce by Rs 1,750

With the RBI cutting interest rate by 25 basis point to 6.25 per cent, the banks are likely to pass all the benefit to customers and slash their marginal cost of funds based lending rates. In a major boost to rate sensitive realty and auto sector, the Reserve Bank of India in its bi-monthly monetary […]