The Reserve Bank of India (RBI) has announced the latest interest rate for RBI Floating Rate Savings Bonds on Tuesday for January to June 2025. The RBI Floating Rate Savings Bond, 2020 (Taxable ...

A repo rate cut generally lowers borrowing costs, making loans more affordable. However, borrowers often do not see an ...

Floating rate retail loans like home loans are becoming cheaper due to banks adjusting rates after RBI's repo rate cut.

The Reserve Bank of India (RBI) has proposed eliminating foreclosure and pre-payment penalties on floating rate loans for individuals and micro, small enterprises. The draft aims to promote ...

Mumbai: The RBI has decided to allow forward rate contracts in government bonds, enabling investors such as insurance companies and pension funds to manage interest rate risks by locking in prices ...

The Reserve Bank of India (RBI) released draft norms for prepayment penalties on loans on Friday, February 21, where it proposed to scrap the foreclosure charges on floating-rate loans for retail ...

The RBI has proposed to do away with foreclosure charges or pre-payment penalties charged by banks and other lenders on all floating rate loans, including for business purposes, availed by ...

The Reserve Bank of India (RBI), in its draft circular issued today, said lenders shall not levy any charges or penalties in case of foreclosure or pre-payment of floating rate loans granted to ...

With the Reserve Bank of India ... rates in the coming weeks. The 25 basis point cut in the repo rate is seen as the start of a rate cut cycle. Typically, banks cut interest rates on floating ...

BENGALURU, Jan 31 (Reuters) - The Reserve Bank of India (RBI) is set to cut its main policy rate on Feb. 7 followed by just one more cut next quarter, according to economists polled by Reuters ...

RBI's proposal to remove foreclosure charges on loans up to Rs 7.5 crore could significantly impact PNB Housing Finance and Aditya Birla Capital, with 27% and 26% of their assets in floating-rate ...