RBI’s big announcement: 0.25% reduction in repo rate, EMI of your loan will be cheaper
New Delhi: The Reserve Bank of India (RBI) has given great relief to the common people today. RBI has cut the repo rate by 25 basis points i.e. 0.25%. Now this rate has come down from 6.25% to 6%. This decision was taken after a three -day meeting of the RBI Monetary Policy Committee (MPC)….