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Sayan Bagchi

Looking For Networks... • 4d

This is the best time to get Home loans you'll save a lot of interest due to repo rate deduction throughout the next few years. Take my advice buy a property or you'll regret in the future

0 replies6 likes

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Rabbul Hussian

Hey I am on Medial • 2m

The Reserve Bank of India (RBI) reduced the repo rate by 25 basis points to 6.25%, the first rate cut in nearly five years. What is the repo rate? It’s the rate at which the RBI lends money to commercial banks. A lower repo rate means cheaper loans

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Akshat kumar Jain

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Indian household debt has skyrocketed, reaching Rs 120 trillion in March 2024, a 56% increase since June 2021. This has pushed the debt-to-GDP ratio to 42.9%, raising concerns about consumer spending. With housing loans comprising 30% and vehicle

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Sanket Jadyar

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The Reserve Bank of India (RBI) announced on Friday that it has kept the benchmark repo rate unchanged at 6.5% for the eighth consecutive time. What exactly is repo rate? How does it affect you?

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CA Dipika Pathak

Partner at D P S A &... • 9m

AVOID this mistake WHILE taking deduction of interest (saving +fixed deposit)in your ITR🔴🔴🔴🔴🔴 Since ITR Season is around, highlighting common confusion ➡️For Individual & HUF - We can take a max deduction of 10,000 on interest from a savings a

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Tarun Suthar

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The Institute of Chartered Accountants of India • 3m

How to save Taxes!!! iykiyk -- Part 1. Taking Debt/Loan as funds is best way eliminate taxes than raising Equity shares. as Debt is charged against profits and interest is deducted before imposing tax rate. Also, Be sure that the ROI is higher tha

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Anonymous
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The Reserve Bank of India (RBI) cut the repo rate by 25 basis points to 6.25%. This is the first rate cut in five years, with the last one occurring in May 2020.

1 replies3 likes

Investo

Building a startup • 2m

*RBI cuts Repo Rate by 25 bps to 6.25% – the first rate cut in 5 years!* ✅ Boost for economic growth ✅ Lower borrowing costs ✅ Positive for markets & businesses

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Atharva Deshmukh

Daily Learnings... • 10m

About Rates in the market... To strike a balance in market, the RBI has to consider all economic factors and carefully set the key rates. Any imbalance in these rates can lead to economic chaos: 1)Repo Rate:-The rate at which RBI lends money to oth

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Ronak Patel

Here you go! • 2m

📉Loans to get cheaper? 🏦RBI cuts the repo rate for the first time in nearly 5 years to boost the economy. Repo Rate cut by 25bps to 6.25% 📜What is repo rate? --> It is the interest rate at which the central bank lends money to commercial ban

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1 replies6 likes
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Mr Kumar

I will do something ... • 3m

I need investors for the idea I have. Just like banks give loans against gold or property, our company wants to give loans against old machines. Poor farmers or labourers who have old iron machines or iron goods can mortgage them and take loans at v

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