RBI Cuts Repo Rate by 25 Basis Points, Bringing Relief to Home Loan Borrowers
In a significant relief for home loan borrowers, the Reserve Bank of India (RBI) reduced the repo rate by 25 basis points during its monetary policy meeting on February 7, 2025....
India’s newly appointed central bank governor, Sanjay Malhotra, is expected to implement an interest rate cut during his first policy meeting, shifting the Reserve Bank of India’s (RBI) focus toward bolstering economic growth amid rising global risks.
Having taken office in mid-December, Malhotra is likely...
