Due to change in the stance, the home loan borrowers can see more repo rate cut in the future and consequently, lower interest rate on their home loan. Adhil Shetty, CEO of Bankbazaar.com, says, "The ...

The Reserve Bank of India (RBI) on April 9, 2025, cut the repo rate by 25 basis points (bps ... it would be more open to cut rates in the future. RBI MPC also decided to slash the Gross Domestic ...

RBI Governor Sanjay Malhotra, in a light-hearted remark, said he’s “not the Sanjay from the Mahabharata” when asked about future repo rate cuts. The RBI reduced the repo rate by 25 bps to 6% and ...

With fixed deposit rates closely tied to the repo rate trend, this development signals a downward path for deposit returns — especially for short- to medium-term FDs. “With two rate cuts already in ...

A reduction in the repo rate allows banks to borrow more cheaply, often leading to lower interest rates on loans for consumers and businesses. New Delhi: The Reserve Bank of India (RBI ...

Following RBI's repo rate cut, SBI has also reduced its EBLR, or external benchmark lending rate, and RLLR (repo-rate linked lending rate). This will be effective April 15, 2025. While MCLR rates ...

RBI Cuts Repo Rate By 25 Bps: Interest rates on home, personal, vehicle loans and deposit rates are set to come down in the coming days with the Reserve Bank of India’s (RBI) six-member Monetary ...

At the end of the three-day meeting of its rate-setting body, the monetary policy committee (MPC) — the first in 2025-26 (FY26) — the Indian central bank on Wednesday reduced the policy repo rate by ...

The rate setting panel also changed the monetary policy stance from “neutral” to “accommodative”, signaling further reductions in the repo rate in the near future. People go to commercial banks either ...

The repo rate is the Reserve Bank of India’s magic wand—a powerful tool that influences everything from your loan EMI to how expensive your groceries are. Let’s break it down: “Repo rate ...