The swoop you feel when you’re kayaking down the waterfall may just be the same swoop the news of rate cuts on your loan gives you. Here’s a look at how different rate cuts affect your loan waterfall and a comparison between lowering your interest rate and your tenure. YOU MAY ALSO WANT… Read More »
Magic tricks and illusions are really difficult to understand until someone gives away the secret to it all and breaks the illusions. Figuring out why different banks react differently to RBI’s rate cuts might seem just as difficult to understand but here we break the illusion for you. It All Comes Down to Cost … Read More »
Extra, extra! Good news is here and there’s no need to be puzzled anymore. On 2nd June, RBI reduced the key repo rate by 25 basis points to 7.25%, the third such cut in the year. Other banks are now expected to reduce their lending rates once more. Rahul, your average IT guy, was wondering… Read More »