Home Moneycontrol Business News RBI cuts repo rate by 25 bps, raises hopes of further cuts; changes stance to #39;neutral#39;

RBI cuts repo rate by 25 bps, raises hopes of further cuts; changes stance to #39;neutral#39;

00:20

RBI cuts repo rate by 25 bps, raises hopes of further cuts; changes stance to #39;neutral#39;

The reduced repo rate has raised hopes of lower EMIs for home loan borrowers as well bring down capital raising costs for corporates.

from Moneycontrol Business News http://bit.ly/2MROHrB

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