The Reserve Bank of India (RBI) reduced the repo rate by 25 basis points on Thursday, bringing it down from 5.5% to 5.25%. The latest rate cut takes the total reduction in 2025 to 125 basis points. With this move, homebuyers are now hoping for relief in the form of lower EMIs as banks begin adjusting lending rates.

The Monetary Policy Committee (MPC) met on December 3, 4 and 5 to review economic conditions and vote on the policy action. RBI Governor Sanjay Malhotra said the committee unanimously agreed on the rate cut after assessing inflation trends, growth forecasts and liquidity needs.

“The MPC met on the 3rd, 4th and 5th of December to deliberate and decide on the policy repo rate. After a detailed assessment of the evolving macroeconomic conditions and the outlook, the MPC voted un

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