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Home Tag interest rates

Tag: interest rates

The recent decision by the Reserve Bank of India (RBI) to keep the repo rate unchanged at 6.5% has brought much-needed relief to home loan borrowers and real estate developers. This pause in the rate hike indicates a stabilization of interest rates, benefiting existing home loan borrowers and signaling positive growth in the housing sector. While the impact on equated monthly installments (EMIs) may be minimal for existing loans, those with floating rate loans can take advantage of the rate pause. Looking ahead, the anticipation is that the RBI will initiate rate cuts, further benefiting borrowers. The real estate industry also welcomes the rate pause as it supports continued growth in the housing market. Learn more about the repo rate, its impact on home loans, and the outlook for the housing sector.

RBI Maintains Repo Rate, Providing Relief To Home Loan Borrowers And Real Estate Developers

by Hindustan Herald Desk

The recent decision by the Reserve Bank of India (RBI) to keep the repo rate unchanged at 6.5% has brought ...

Vedanta Resources, owned by billionaire Anil Agarwal, announced that it has paid off loans worth $800 million taken from Standard Chartered Bank in London and Hong Kong. The move aims to allay concerns about the company's liquidity amid rising interest rates and mounting pressure on borrowers with high debt.

Vedanta Resources Repays $800 Million Debt To Standard Chartered: Report

by Hindustan Herald Desk

Vedanta Resources, owned by billionaire Anil Agarwal, announced that it has paid off loans worth $800 million taken from Standard ...

Hindustan Herald - Breaking News, Analysis & Insights

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