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RBI cuts Repo Rate: What it means for families

IndiaTimes Wednesday, 9 April 2025
The Reserve Bank of India (RBI) has further reduced the repo rate to 6% following the first Monetary Policy Committee meeting of FY26. This second consecutive rate cut aims to control inflation, encourage borrowing, and manage liquidity amid global economic uncertainties. Consequently, loan EMIs could decrease, while fixed deposit returns might also see a reduction.
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