Planning Home Loan Or Car Loan? These 3 Banks Have Announced Major Interest Rate Cuts

Planning Home Loan Or Car Loan? These 3 Banks Have Announced Major Interest Rate Cuts

According to experts, the rate cuts will ease the financial burden on the public, offering significant relief to those seeking home, auto, personal and MSME loans

Reserve Bank sends conflicting signals with surprise moves

The Reserve Bank of India surprised analysts last week by cutting interest rates more than expected and announcing a cash boost for banks

Home Loans: SBI To PNB, Top Five Banks With Lowest Interest Rates

The Reserve Bank of India, last week, announced a 50-basis-point cut in repo rate brining it down to 5.5% after its three-day Monetary Policy Committee (MPC) meeting. With the reduction in the key lending rate, many banks are expected to pass on the benefits to customers.After the repo rate cut, banks will receive funds at cheaper rates from the RBI. Many lenders have revised their interest rates, following the repo rate cut.Can Shopping Improve…