RBI May Cut Repo Rate: In the research report of State Bank of India, it has been estimated that the Reserve Bank of India may give the gift of a big cut in the repo rate to the loan taking customers.
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People taking home loans, auto loans and other loans can get great news in the month of June. In fact, the Reserve Bank of India can announce a jumbo cut in the repo rate in its upcoming monetary policy review meeting. The State Bank of India’s research report (SBI Report) has made a big estimate that the RBI can cut the repo rate by 0.50 percent or 50 basis points. Giving the reason, it has been said that its purpose is to re-accelerate the cycle of debt and reduce the impact of the current economic uncertainties.
MPC meeting will be held from 4-6 June
It is worth noting that the meeting of the Monetary Policy Committee of the Reserve Bank (MPC Meeting) will be held between June 4 and June 6 and the decisions taken in it including the repo rate will be announced on June 6. SBI’s report ‘Introduction to MPC Meeting – 4-6 June 2025’ has predicted a cut of 0.50% (Repo Rate Cut).
This year the gift has been received twice
Let us tell you that in the upcoming MPC meeting to be held on 4-6 June, while the loan taking customers are expected to get a big gift, let us tell you that before this, RBI has given relief regarding this twice in this year 2025. Yes, in the months of February and April, RBI had cut the repo rate by 0.25%-0.25%, due to which the repo rate has now come down to 6%.
The latest estimate of Repo Rate Cut in SBI’s research report is bigger than the estimate made by many economists earlier. In fact, in many reports that came in the past, economists have expressed hope that the inflation rate in the country is currently within the fixed range of 4 percent and in such a situation, the Reserve Bank can decide to cut the policy rates by 25 basis points.
Home loans and car loans will be cheaper
Repo Rate is the interest rate at which RBI gives loans to banks and then further banks give loans to customers by adding some more interest. In such a situation, if there is a cut in the repo rate, then the EMI of your loan will also be reduced and your home loan and car loan will be cheaper. Getting cheap loans to the industry will not only boost urban consumption, but also create employment due to increased investment in factories.
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