- 100
- 08
advertisement
RBI slashes repo rate by 50 basis points to 5.5%, third consecutive cut
UPDATED: Jun 6, 2025 11:06 IST
The Reserve Bank of India (RBI) has reduced the repo rate by 50 basis points to 5.5%, marking the third consecutive rate cut. This decision comes amid a sharp drop in retail inflation to 3.16% in April and strong economic growth of 7.4% in the January-March quarter. The move is expected to make loans cheaper, benefiting borrowers, especially home buyers. The RBI has also changed its stance from accommodative to neutral, indicating a data-driven approach moving forward.
Read more!
More videos from Business
VIDEOS FROM OTHER SECTIONS
ALSO READ
LATEST VIDEOS
- 100
- 08
India News
Air India plane crash: Was there a double-engine failure? Experts share views
Air India plane crash: Was there a double-engine failure? Experts share views
- 100
- 08
advertisement
News Today
What led to the Air India plane crash? Experts weigh in
What led to the Air India plane crash? Experts weigh in
- 100
- 08
advertisement