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LatestLY - Business - News Image
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BusinessJun 06, 2025 08:11 PM

Latest News | RBI Policy Action Growth-oriented, Borrower-centric Interventions in Recent Years: Exp...

New Delhi, Jun 6 (PTI) Reserve Bank monetary policy action to cut repo rate by large 50 basis points is among the most growth-oriented and borrower-centric interventions seen in recent years, and will reduce repayment burden on individuals as well as corporate, experts said. Home, auto and other loans are likely to cost less as the Reserve Bank of India (RBI) cut interest rates by a larger-than-expected 50 basis points on Friday, and unexpectedly reduced the cash reserve ratio for banks to make ...Read More >

NewsDrum - Business - News Image
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19
BusinessJun 06, 2025 08:09 PM

RBI policy action growth-oriented, borrower-centric interventions in recent years: Experts

New Delhi, Jun 6 (PTI) Reserve Bank monetary policy action to cut repo rate by large 50 basis points is among the most growth-oriented and borrower-centric interventions seen in recent years, and will reduce repayment burden on individuals as well as corporate, experts said. Home, auto and other loans are likely to cost less as the Reserve Bank of India (RBI) cut interest rates by a larger-than-expected 50 basis points on Friday, and unexpectedly reduced the cash reserve ratio for banks to make ...Read More >

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