RBI hints at possible repo rate cut in December
after close1 source ↓written by the desknot a recommendation
- Experts predict
- 25 bps cut
The Reserve Bank of India may lower the repo rate in its December policy review, potentially benefiting home loan borrowers. RBI Governor Sanjay Malhotra indicated this move as inflation eases and growth remains robust. Experts predict a 25 bps cut, which could lead to reduced home loan EMIs. 📉
Market reactions have been mild, with bond yields declining. This adjustment may enhance borrowing sentiment in the housing sector.
Not investment advice. For informational purposes only.