RBI Cuts Repo Rate by 50 Basis Points: Home Loan EMIs Set to Drop Sharply
In a major relief for home loan borrowers, the Reserve Bank of India (RBI) has announced a significant cut in the repo rate during its Monetary Policy Committee (MPC) meeting held on June 7, 2025. The central bank slashed the repo rate by 50 basis points (0.50%), bringing it down from 6% to 5.5%. This … Read more
