RBI is cutting key rates, but are banks passing them on?

RBI announced a cut in the repo rate by 25 basis points, bringing it down to 6% on Wednesday. The decision was made after the central bank’s Monetary Policy Committee (MPC), led by Governor Sanjay Malhotra, finished its three-day meeting which started on April 7.

In Short
RBI cuts repo rate by 25 basis points to 6%
Home loan borrowers may see delayed benefits
Housing prices rose significantly in top cities

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