Homebuyers Get Relief As RBI Slashes Repo Rate By 25 BPs
The Reserve Bank of India (RBI) has cut the repo rate by 25 basis points, lowering it from 5.5% to 5.25%. This brings the total rate reduction in 2025 to 125 basis points. The move is expected to benefit homebuyers as banks adjust lending rates, potentially leading to lower EMIs and increased affordability for housing loans.