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Repo rate cut would bring home loan rates below 8%: Adhil Shetty
short by Dharini Mudgal / on Wednesday 9 April, 2025
Reacting to RBI's 25-bps cut in repo rate, Bankbazaar.com's CEO Adhil Shetty told the Economic Times the rate cut would bring home loan rates below 8% again, with the lowest rates currently ranging from 8.10 to 8.35%. "Homeowners paying...substantially higher rate (50 bps or higher above prevalent rates) are advised to refinance their loans to avail lower rates," he added.
read more at Hindustan Times