Check how the RBI repo rate cut could reduce your home, auto loan payments
07-Feb-2025•Value Research Team
The Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points (bps) from 6.5 per cent to 6.25 per cent. Since most home and auto loans are tied to the repo rate, this move is expected to make these loans cheaper, leading to savings for borrowers.
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