Preeti K (@preeti__kul) 's Twitter Profile
Preeti K

@preeti__kul

Financial journalist with @moneycontrolcom; #SimplySave podcast host; previously with @economictimes, @outlookmoney and @financialexpress.
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linkhttps://www.moneycontrol.com/author/preeti-kulkarni-9071/ calendar_today26-02-2015 10:47:01

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Preeti K
@preeti__kul

a month ago

The RBI has hit a pause, which means home loan borrowers' interest, tenure and EMIs will remain unchanged. However, 100-bps cumulative rate cut since Feb has substantially reduced borrowers' interest burden. When rates dip, banks keep the EMIs intact and reduce the interest rate

The RBI has hit a pause, which means home loan borrowers' interest, tenure and EMIs will remain unchanged. However, 100-bps cumulative rate cut since Feb has substantially reduced borrowers' interest burden. When rates dip, banks keep the EMIs intact and reduce the interest rate