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RBI repo rate cut of 25 basis points

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  • RBI repo rate cut of 25 basis points

    Assuming the demand of the Ministry of Finance and Industry on Tuesday, the Reserve Bank of India cut its benchmark repo rate by 25 basis points while it has 7.25. The cut is the third time this year the central bank has been cut. Earlier, in January and March was a reduction of 25 basis points. Doing so has now ignited hopes that the EMI will be slightly lower.

  • #2
    Good move and now the banks need to pass the cuts to consumers.

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    • #3
      RBI repo rate cut of 25 basis p

      Guess LV ships/tech is less experimental now and more standardized in the SotSverse. When something becomes more standard its usually less expensive.
      http://www.elitelux.ru/dior%2C47.html
      http://www.elitelux.ru/patek-philippe%2C75.html

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