Reserve Bank of India (RBI) cuts repo rate by 0.25%, home loan cheaper

RBI cuts repo rate by 0.25%, home loan cheaper

The six-member Monetary Policy Committee (RBI) of the Reserve Bank of India (RBI) decided to cut the repo rate by 0.25% during the first bi-monthly monetary review of the financial year 2019-20. Along with this, the repo rate now reduced from 6.25% to 6.00%.

RBI
Reserve Bank of India