Larger-than-expected surprise: RBI cuts repo rate by 50 bps to 5.5%; EMIs to come down
Friday, 6 June 2025 () RBI MPC Meeting: In a move to boost loan access, the RBI has slashed the repo rate by 50 basis points, bringing it down to 5.5%. This marks a cumulative 100 basis point reduction since February. While the RBI signals limited room for further cuts by shifting to a 'neutral' stance, this decision arrives amidst a backdrop of India's robust 7.
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC), on Friday, cut the Repo rate by 50 bps, to 5.50%. RBI governor Sanjay Malhotra made the... DNA
Friday, 6 June 2025 ()
