By Admin 
RBI Repo Rate Cut: This news can be very relieved for the common people. In order to continuously promote it on the economic front, the RBI, which relaxed monetary policies, is being considered by 0.50 percent from next month i.e. from June to Diwali. According to reports, there is a review meeting of RBI from 4 to 6 June next month. In this, people can be given good news by taking important decisions from the Monetary Policy Committee.
According to the reports, there has been a mutual agreement on the reduction of 0.25 percent before the RBI Committee meeting. In the first week of August or in the last week of September, another cut in the repo rate from the RBI is possible. Diwali is also on 20 October. In such a situation, the Diwali gift of RBI can be given to the public as a concession.
Diwali gift can be found
The RBI has cut 25 basis points in the month of February, while after the meeting held in the month of April, the repo rate was again reduced by 25 basis points. SBI had even said in its report earlier that during the financial year 2025-26, a large cut of up to 125 basis points can be made by RBI.
SBI reported in the first week of this month stated that the meetings in the months of June and August can be cut by about 75 basis points, while it is possible to cut 50 basis points even during the second half of FY 2026.
What is repo rate
RBI meets every two months, in which policy matters are reviewed. Out of the six members involved in the RBI Monetary Policy Commit, three are of RBI while other are appointed by the Central Government. There are six meetings during the financial year. In this, the repo rate is decided in view of the status of the market so that inflation and economy remain under control.
The repo rate is the rate on which banks are given loans due to RBI. If there is a rate of rate, then it falls directly on the common people, because after that the bank loan from banks becomes cheaper. Along with this, EMI on people’s loans also becomes cheaper. Loans of houses and vehicles also become cheap.
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