RBI repo rate: Reduction in repo rate 0.25 basis points .. Home and car EMI will fall forward!

RBI repo rate: Reduction in repo rate 0.25 basis points .. Home and car EMI will fall forward!

The Reserve Bank of India has announced a decrease in interest rates. RBI has reduced the repo rate by 0.25 Aadhaar points. The repo rate has been reduced for the second consecutive year. With this, your home and car loan will now be reduced. RBI Governor Sanjay Malhotra has announced a reduction in repo rate. The repo rate is now 6.25 % to 6 %.

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