Good News! Home loans, car loans to become cheaper as RBI cuts repo rate again

August 7, 2019

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) in its third bi-monthly Monetary Policy Statement for 2019-20 cut the repo rate by 0.35 per cent on Wednesday. This is the fourth rate cut announced in 2019 after which the repo rate now stands at 5.40 per cent. The RBI had already cut the rate by 75 basis points in the calendar year 2019 and hence taking…

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BSNL Subscribers Can Now Replace their SIM for Rs 50 Under New Promotional Offer

August 7, 2019

BSNL had upped the SIM replacement costs last year to Rs 100, now under this promotion the costs have been brought down by 50% There is no other telecom operator which introduces changes across its portfolio as fast as Bharat Sanchar Nigam Limited (BSNL) does. The state-led telecom operator can always be seen making some change or the other, and it’s mostly related to its prepaid plans, broadband plans or…

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