RBI Cuts Repo Rate to 6.25%, Making Loans Cheaper and Reducing EMI Burden
In a major relief for borrowers, the Reserve Bank of India (RBI) has reduced the repo rate by 0.25%, bringing it down from 6.5% to 6.25%. This marks the first rate cut in nearly five years, making home loans, car loans, and personal loans more affordable while lowering EMIs. RBI Governor Sanjay Malhotra announced the … Read more


