Friday, Sep 22, 2023

Floating Rate Basis

RBI Eases Switching Norms For Floating Rate Loans

The Reserve Bank of India is now pushing regulated entities to bring more transparency in home loan equated monthly instalments, including providing an option to borrowers to change to a fixed rate loan structure

10 August 2023

Your Home Loan Interest Rate Spread Could Make A Big Difference In EMI: Here’s How It Works 

The BankBazaar report highlights the complexities homeowners must understand arising from higher rates with falling spreads. 

31 March 2023

Loan EMIs Set To Go Up After RBI Hikes Interest Rates By 50 Basis Points

The rate hike will immediately affect those who have taken loans on a floating rate basis and are tied to an external benchmark, those pegged to other benchmarks would follow soon after

30 September 2022

Can Floating Rate Savings Bonds Offer Higher Yields In Future?

The interest rate on Floating Rate Savings Bonds (FRSB) is set to increase from the current 7.35 per cent to 8.05 per cent in July 2023. OLM takes a look at the historical returns to capture their future trends.

25 May 2023

Retirement fund body lowered interest rate on EPF to lowest in over 4 decades

Floating Interest Rate Hikes: Are Fixed Rate Home Loans Better?

Many borrowers may be considering a fixed interest rate loan as the recurrent interest rate hikes in the repo rate-linked consumer loans pinch their pockets. Read on to learn more

16 February 2023

RBI Announces 7.88% Interest On Floating Rate Bond 2028: Should You Buy?

The Reserve Bank of India (RBI) announced a 7.88 per cent interest rate on the government of India (GOI) floating rate bonds 2028. Here’re the pros and cons of these bonds

04 April 2023



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