RBI cuts lending rate, loans to become cheaper

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RBI cuts lending rate, loans to become cheaper News video.

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  • Watch HDFC lowers lending rates by 10 basis points to existing loans Video
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    Mortgage major HDFC Wednesday announced reduction in retail loan pricing by 10 basis points across tenors and buckets of loans, both for new as well as existing borrowers, effective Thursday. For home loans up to Rs 30 lakh, the financier is offering 8.60 percent now. For women borrowers, the new rate is 8.55 percent, the largest mortgage lender said in a statement, adding the rate reduction will be applicable to existing borrowers as well.

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  • Watch Sensex tanks 286 pts as RBI cuts rate by 35 bps; Nifty ends at 10,856 Video
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  • Watch RBI cuts repo rate by 25 bps to 5.15%, maintains accommodative stance Video
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    The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India on Friday slashed the short-term lending rate, repo rate, by 25 basis points in its fourth bimonthly policy review. This was the fifth consecutive rate cut effected by the Shaktikanta Das-led panel, and it was in addition to a cumulative 110 basis points rate cut that RBI has announced so far this year. The repo rate now stands at 5.15 per cent, the lowest since March 2010.

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  • Watch RBI cuts interest rate Video
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  • Watch RBI cuts repo rate by 25 bps to 6% for second time in row Video
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    The Economic Times | A Times Internet Limited product

    RBI's monetary policy committee (MPC), led by Governor Shaktikanta Das, on Thursday announced a 25 basis points cut in the short-term lending rate, also known as repo or repurchase rate, in its first bi-monthly rate review of financial year 2019-20. The repo rate now stands at 6 per cent.

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  • Watch RBI cuts repo rate by 25 basis points | Mantavya News Video
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