A home loan EMI comprises of two parts – principal and interest. The principal amount of an EMI remains constant, but the interest is variable. Ever wonder why a change in the external benchmark say ...
Public sector banks lag in passing on repo rate cuts, unlike foreign banks swiftly reducing rates for borrowers.
NEW YORK, Nov 19 (Reuters) - The cost of U.S. overnight funding in the repo market has stayed stubbornly high and is expected to remain elevated going into year-end despite recent Federal Reserve ...
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