
Reduce home loan EMI or cut tenure? What will save you more on interest after RBI repo rate cut by 50 bps?
The Reserve Bank of India (RBI) has given good news to home loan borrowers by cutting the repo rate by 25 basis points each in RBI MPC held in February and April, which is a cumulative reduction in Repo Rate by 50 basis points this year. Sooner or later, …