RBI Cuts Repo Rate by 0.5% – Home Loan & Car Loan EMIs to Drop!
A 0.5% cut in the repo rate to 6% will certainly spur economic growth and ease inflationary pressures, says RBI. The repo rate cut was a unanimous decision taken at the Monetary Policy Committee (MPC) meeting on April 9, 2025. It will reduce the EMIs of home loans, car loans, and personal loans directly. What … Read more