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RBI cuts repo rate by 25 bps and home EMIs may drop fast for borrowers
Economy
Published on 24 April 2026
A 25 bps cut could shrink your EMI on 20-year loans
RBI has reduced the repo rate by 25 basis points, offering fresh relief to home loan borrowers by potentially lowering floating-rate interest rates. On a 20-year loan, EMIs are expected to fall notably, though the extent depends on how lenders recalibrate pricing. Further cuts hinge on inflation staying subdued and growth risks, with timing unclear.
- RBI cut repo rate by 25 bps to support borrowers
- Floating home loan EMIs may reduce after rate transmission
- Future rate cuts depend on low inflation and growth concerns
- Timing of the next cut remains uncertain
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times