repo rate
RBI Keeps Key Lending Rates Unchanged
The Reserve Bank of India (RBI) last Friday kept the key repo rate unchanged at 4% considering rising inflation and weak signs of economic growth amid the gradual lifting of a nationwide lockdown imposed due to the COVID-19 pandemic. The newly-formed Monetary Policy Committee (MPC) of the central bank began its three-day meeting on 7 […]
Home Loan Interest Rate & EMI In India, September 2020
HIGHLIGHTS Lowest Home loan interest rates starting at 6.90%/annum No prepayment charges on home loans linked to floating rate of interest A base point is equal to one-hundredth of a percentage point. Interest rates are based on the floating rate system. Factors that high income, property in a good location, valid income proof, and good […]
