This government bank cheaper debt, customers get the benefit of RBI rate cut – Bank of Baroda Cuts lending rate passes on RBI Rate Cut Benefit to Customers

RBI Repo Rate Cut: Government sector Bank of Baroda on Saturday announced a 50 basis point cut in its Baroda Repo Linked Lending Rate (BRLR). Now this rate has come down from 8.65% to 8.15%. This change will be effective from 7 June 2025. The RBI on Friday reduced the repo rate from 6.00% to…

PSU banks showed quickness in reducing home loans interest, these private banks did not give customers a redemption of repo rate reduction – Government Banks Slashed Interest Rates on Home Loan Private Banks Fall Behind

The impact of RBI’s repo rate decreasing has started appearing on the interest of the home loan. The interest rates on the home loans of many banks have come down to 8 per cent. Public sector banks have shown haste in reducing interest rates on home loans. They have reduced the interest of home loans…