repo-linked lending rate

Financial institution of Maharashtra slashes retail mortgage charges by 25 bps after RBI cuts repo charge

Newz BabaApril 14, 202504 mins

Apr 14, 2025 02:10 PM IST The financial institution’s repo-linked lending charge (RLLR) has now been diminished from 9.05 per cent to eight.80 per cent. State-owned Financial institution of Maharashtra (BoM) has introduced discount in lending charge linked to repo charge by 25 foundation factors according to the Reserve Financial institution’s key coverage charge. The…

Banks begin lowering mortgage charges after RBI repo reduce | India Information – The Occasions of India

Newz BabaApril 11, 2025April 11, 202501 mins

MUMBAI: A number of banks revised their exterior benchmark lending charges after RBI reduce repo charge by 25 foundation factors to six% on Wednesday. Indian Financial institution stated it can scale back its repo-linked benchmark lending charge (RBLR) to eight.7% from 9.05%, efficient April 11. PNB has reduce its repo-linked lending charge (RLLR) to eight.85%…