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 ...

While a reduction in the repo rate was anticipated in the latest Monetary Policy Committee (MPC) meeting, the 50 basis point cut came as a surprise. From February 2023 to February 2025, the repo rate ...

Oct 20 (Reuters) - India's central bank unexpectedly cut its repo rate, or the rate at which it lends funds to banks, by 100 basis points to 8.0 percent on Monday. The cut, the first in more than four ...

Governor Sanjay Malhotra raised India's real GDP growth forecast for financial year 2026 to 7.3% from 6.8%, while lowering the nation's inflation outlook to 2% from 2.6% in the previous policy for the ...