Tag: home loan borrowers

RBI’s rate cut may lower home loan EMIs — but not for every borrower – CNBC TV18

[ad_1] Home loan borrowers have a reason to cheer again. In a move aimed at supporting growth, the Reserve Bank of India (RBI) has cut the repo rate by another 25 basis points, bringing it down to 6%, at the April Monetary Policy Committee (MPC) meeting on April 9. Index Fund Corner Sponsored Scheme Name […]

Starting March 7, Tamilnad Mercantile Bank will offer lower home loan rates: Check details – CNBC TV18

[ad_1] Tamilnad Mercantile Bank (TMB) has announced a revision in its Marginal Cost of Funds Based Lending Rate (MCLR) and Repo Linked Lending Rate (RLLR), effective March 7, 2025. The bank has reduced the one-year MCLR to 9.60% from the previous 9.75%, while the RLLR has been revised down to 9.25% from 9.45%. Index Fund […]

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