RBI Cuts Repo Rate

RBI Cuts Repo Rate! EMI to Get Cheaper, Big Announcements on GDP and Inflation

RBI Cuts Repo Rate! EMI to Get Cheaper, Big Announcements on GDP and Inflation

Anthony Lane

The RBI has slashed the repo rate by 25 basis points, making borrowing cheaper for individuals and businesses. This move, along with revised GDP growth and inflation forecasts, aims to stimulate economic growth in a challenging global environment. Borrowers can expect reduced EMIs, while businesses can benefit from more affordable credit. Stay informed to make the most of this financial shift.