The Reserve Bank of India's (RBI) decision to cut the repo rate by 25 basis points to 6.25% marks a significant shift in monetary policy, aiming to stimulate economic growth and enhance liquidity. How Do Banks React to Repo Rate Changes? When the RBI reduces the repo rate, ban...

How Does the Repo Rate Affect Home Loans in India? The repo rate, set by the Reserve Bank of India (RBI), plays a crucial role in determining home loan interest rates. When the RBI adjusts the repo rate, it influences the borrowing costs for banks, which then impacts the inter...