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Tag Archives: home loan

RBI leaves repo rate unchanged at 6.5%

The Reserve Bank of India has left its repo rate unchanged at 6.5%. Even though the key rate has been left untouched, the central bank will remain “accommodative” in its policy stance said the bank’s Governor Raghuram Rajan. This means that the RBI has not ruled out the possibility of ...

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All about prepayment of loans

Unlike the west, most Indians prefer to have a debt free balance sheet. However, given the exorbitant prices of properties and automobiles, taking a loan is usually the only option available when one wants to buy a house or car. With interest rates on loans in India being high when ...

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