Will RBI rate cut reach your EMIs? Govt is watching
- Posted on February 10, 2025
- By Business News Today
- 1 Views
Will RBI rate cut reach your EMIs? Govt is watching
The Reserve Bank of India (RBI) recently cut the repo rate by 25 basis points to 6.25%, influenced by a decline in GDP growth and low inflation. Transmission to bank loan rates may take time due to liquidity deficits and competition for deposits, despite expectations of easing financial conditions.
