RBI Cuts Repo Rate By 50 Basis Points: What It Means For Loan EMIs

The Reserve Bank of India (RBI) has slashed its key lending rate, or the repo rate, by 50 basis points to 5.5% as inflation softens within its comfort level.

RBI Cuts Repo Rate By 50 Basis Points: What It Means For Loan EMIs
The Reserve Bank of India (RBI) has slashed its key lending rate, or the repo rate, by 50 basis points to 5.5% as inflation softens within its comfort level.