âš¡Loans to Get Cheaper as RBI Cuts Repo Rate by 25 Basis Points From 5.40% to 5.15%
By Team Latestly
The Reserve Bank of India (RBI) on Friday once again cut repo rate by 25 basis points from 5.40 percent to 5.15 percent. The reverse rape rate also deducted to 4.90 percent. This announcement means that loans will become cheaper.