(Image: Financial Express) As part of its ongoing efforts to stimulate consumption and accelerate economic growth, the Reserve Bank of India (RBI) today reduced the repo rate by 25 basis points to 6%.

(Image: Pixabay ) RBI rate cut: The Reserve Bank of India Governor Sanjay Malhotra on April 9 announced that the central bank is cutting repo rate by 25 bps to 6 per cent with immediate effect.

(Image: Freepik) As widely expected, the Reserve Bank of India (RBI) on Wednesday cut the repo rate by 25 basis points, bringing it down to 6%. This move is set to bring some relief to borrowers ...

Most home loan rates are linked to the external benchmark rate (EBR), which means the 25 basis point reduction would be transmitted to your home loan rate soon. With 50 basis points cut in repo ...

RBI Monetary Policy: Keeping some powder dry for global uncertainties and weather-related disruptions, the Reserve Bank of India (RBI) refrained from a deeper rate cut and announced the repo rate ...