RBI cuts repo rate to 5.25%, impacts borrowing costs
pre-market1 source ↓written by the desknot a recommendation
- 5.25%
The Reserve Bank of India has reduced the repo rate by 25 basis points to 5.25%, fostering a more accommodating borrowing environment. RBI Governor Sanjay Malhotra indicated that interest rates are expected to remain low unless inflation rises significantly. This decision may encourage borrowers to consider taking loans now rather than waiting for future policy changes.
Not investment advice. For informational purposes only.