As of April 9th, 2025, the RBI reduced the repo rate by 25 basis points (bps). It brought it down from 6.25% to 6.00%. This ...

RBI's repo rate cuts in 2025, totaling 50 basis points, have lowered home loan interest rates below 8%. This reduction, ...

The Department of Posts (DOP) now allows users to download interest certificates directly from their internet banking portal.

Investopedia / Michela Buttignol The Reserve Bank of India (RBI) is the central bank of India ... serves as a benchmark for interest rate–related financial instruments in India.

How does the Bank of England base rate work? When the Bank of England lends money to commercial banks, the banks must pay interest ... Your home or property may be repossessed if you do not keep up ...

India's central bank on Wednesday laid down a framework to standardise the process of making and amending rules, including ...

On Wednesday, the head of China’s central bank Pan Gongsheng told a news conference that Beijing would cut a key interest rate ... for first-time home purchases with loan terms over five years ...

Beijing’s central bank governor and other top financial officials outlined plans to cut interest rates and reduce bank reserve requirements to help free up more funding for lending. They also ...

Loans such as home loans are linked to the repo rate, and a cut in it also leads to a rate cut in the loan. But if that is not the case, a borrower has many ways to reduce the interest amount.

Even if borrowing costs on home loans ... benchmark interest rate cuts in 2024, but homebuyers didn't get much relief. That’s because the central bank doesn’t directly set mortgage rates.