RBI Cuts Key Rate To 6% As Trump Tariffs Kick In, Home Loans To Be Cheaper
New Delhi: The Reserve Bank of India has cut repo rate by 25 basis points, bringing it down to 6 per cent. This will reduce borrowing costs for banks and enable them to lend money to individual customers at lower rates, reducing EMIs for loans. RBI Governor Sanjay Malhotra said today that the Monetary Policy…