RBI MPC slashes repo rate after 5 years. Is another cut likely this year? Experts answer
The Reserve Bank of India cut the repo rate by 25 basis points to 6.25%, marking its first reduction in nearly five years.
Press Trust of India on MSN24m
RBI holds out hope
Home, auto and other loans are likely to see a drop in interest rates after the Reserve Bank of India under a new Governor cut the key benchmark rate on Friday for the first time in almost five years ...