RBI’s 50 bps Rate Cut Set to Trigger Major Turnaround in Housing Sales
India’s housing market is poised for a significant sales resurgence, fueled by the Reserve Bank of India’s latest 50 basis points repo rate cut. This brings the cumulative rate reduction in 2025 to 100 bps—creating an enabling environment for homebuyers,…
RBI Maintains Repo Rate at 6.5% in First Monetary Policy of FY24-25
In the inaugural monetary policy announcement for the financial year 2024-25, Reserve Bank of India (RBI) Governor Shaktikanta Das revealed that the key policy repo rate would remain unchanged at 6.5%, marking the seventh consecutive maintenance. The two-day review meeting…