RBI cuts repo rate by 50 bps to 5.5 pc, third consecutive reduction
The RBI on Friday cut repo rate by a higher-than-expected 50 basis points to prop up growth, which has slowed to a four-year low of 6.5 per cent in FY25.
Read MoreI am Sandesh C. Shewale, founder of Chirayu Investments & Insurance Consultants. We offer expert advice for all your investments and insurance needs. Our mission is to help as many individuals as possible in choosing the right path for financial independence and to give them a secured future through perfect financial planning and make their life a happy and peaceful journey.
Know MoreThe RBI on Friday cut repo rate by a higher-than-expected 50 basis points to prop up growth, which has slowed to a four-year low of 6.5 per cent in FY25.
Read MoreRBI MPC meeting: Repo rate cut is expected to lower EMIs for home loan borrowers, providing significant relief, while also likely reducing fixed deposit returns for investors
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