RBI slashes repo rate by 25 bps; your home, vehicle loan EMIs may come down

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The six-member Monetary Policy Committee (MPC), headed by RBI Governor Shaktikanta Das, voted to reduce the repo rate by 25 basis points (bps) to 6 per cent from 6.25 per cent earlier.

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 · True to expectations, the RBI announced on Wednesday that the Monetary Policy Committee has voted for the fourth straight repo rate cut. In fact, the 35 basis points reduction to 5.4 per cent was.

RBI reduces key policy rate by 25 basis points: Wait for home loan borrowers a little longer, no immediate interest rate cut: RBI initiates scrutiny of top 3 private banks following money laundering allegations: March 19, 2013: SBI chief expects RBI to cut key policy rates: RBI likely to cut repo rate by 25 bps

Consumption has to go up; people have to buy more; and confidence level should go up. If there is an increase in the number of Government projects and..

 · The Reserve Bank of India (RBI) cut down the repo rate by 35 bps to 5.4 per cent in its recent monetary policy committee (MPC) meeting. This decision of the Governor Shaktikanta Das led committee is in sync with the speculation that was coming from market experts before the MPC meeting.

READ ALSO: 6 ways in which RBI rate cut will impact you "It has been decided to reduce the policy repo rate under the liquidity adjustment facility by 25 basis points from 7.75. to give a boost to.

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The Reserve Bank of India’s (RBI) Monetary Policy Committee has decided to cut the repo rate (short-term lending rate) by 25 basis points, due to receding inflation numbers. reports expect the repo rate to go down to 6%, which would be lowest rate since 2010.

Home loans may become cheaper as RBI slashes repo rate by 25 bps. The repo rate has reduced from 6.00% to 5.75%.