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Mumbai: LIC Housing Finance on Saturday said it has reduced rate of interest on new home loans by 50 basis points. With this revision, interest rates on new home loan sanctions will now start from 7.50%, effective June 19, coinciding with the company’s 36th Foundation Day. This move follows the recent repo rate cuts announced…
Last Updated:June 09, 2025, 10:57 is The RBI cut the repo rate by 50 basis points to 5.50 percent. Banks like Bank of Baroda, PNB, UCO Bank, and HDFC Bank have followed the suit to reduce their lending rates. Banks have followed the suit following RBI’s repo rate cut by 50 bps to 5.50 per…
Last Updated:June 04, 2025, 06:30 is RBI MPC may cut the repo rate by 25 basis points to 5.75%, while SBI suggests a 50 basis point cut. This could lower EMIs for home, personal, and auto loans. With another rate cut anticipated, the main question is whether home, personal, and education loans will become even…