RBI Repo Rate Cut Cheers Borrowers, But Is Your Home Loan Really Cheaper?
Loan borrowers, particularly the home loan borrowers, have finally found a reason to cheer! Because several leading banks like Canara Bank, State Bank of India (SBI), Punjab National Bank (PNB) and Indian Overseas Bank (IOB) have reduced lending rates on loans linked to many benchmarks. The banks have taken this decision after the repo rate … Read more