RBI cuts repo rate by 50 bps to 5.5 pc, third consecutive reduction
The RBI on Friday cut repo rate by a higher-than-expected 50 basis points to prop up growth, which has slowed to a four-year low of 6.5 per cent in FY25.
View AllHi, I'm an Insurance and Finance Advisor Born & grew up in "New Delhi". I started my career in Finance Management in 1987. I am into this field because of my Late Prof. Mohan Diwan. He always used to encourage & motivate me. Finance Management is the combination of Mathematics calculations and science. I always find new cases challenging and always try to come out with best solution over investment and planning for my every client.
Know MoreThe RBI on Friday cut repo rate by a higher-than-expected 50 basis points to prop up growth, which has slowed to a four-year low of 6.5 per cent in FY25.
View AllRBI MPC meeting: Repo rate cut is expected to lower EMIs for home loan borrowers, providing significant relief, while also likely reducing fixed deposit returns for investors
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