Reserve Bank of India
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 […]
RBI Monetary Policy: Keeps Repo Rate Unchanged At 4%
RBI Monetary Policy 2021 The Reserve Bank of India (RBI) in its first monetary policy meeting after the Union Budget 2021-22 has decided to maintain a status quo on key policy rates. The 6-member Monetary Policy Committee (MPC) directed by RBI Governor Shaktikanta Das kept the repo rate and reverse repo rate unchanged at 4% […]
