Buying a home is one of the biggest financial milestones in an Indian household. For most people, a home loan makes that dream possible — but it also becomes a long-term financial commitment spanning 15 to 30 years. What many borrowers underestimate is how much interest they end up paying over this period. The truth is, home loan interest is not something you simply accept and forget. With the right...
The Ready Reckoner Rate, often abbreviated to RRR, is a vital concept in property transactions. It serves as a benchmark for property valuation and plays a significant role in determining stamp duty and registration fees. Understanding the Ready Reckoner Rate is essential for both buyers and sellers to navigate property dealings effectively. This article will explore the complexities of the Ready Reckoner...
In a bold move to stimulate economic growth, the Reserve Bank of India (RBI) has slashed the repo rate by 50 basis points to 5.50% and reduced the Cash Reserve Ratio (CRR) by 100 basis points to 3% as of June 6, 2025. This marks the third consecutive rate cut this year, totaling a 100 basis points reduction. The central bank has also shifted its monetary policy stance from "accommodative" to "neutral,"...
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