The RBI rate cut will help improve loan affordability and boost housing demand. Lower interest rates will benefit existing and new home loan borrowers.

Assuming the rate kicks in from April 1 after 12 EMIs of this loan have been paid, then one can get per-lakh interest savings of Rs 3002 from the rest of the year.

Experts say the RBI has delivered the necessary monetary policy support to the economy, and that today's measure should drive demand and boost FY26 growth

Lower interest rates generally push bond prices higher as investors lock in better yields from existing bonds. However, Apurva Sheth, Head of Market Perspectives & Research at SAMCO Securities, noted that India's 10-year bond yields spiked after the rate cut since the market had already factored in the decision,

The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at its slowest pace in four years during the current fiscal year.

India’s new central bank governor cut interest rates for the first time in almost five years on Friday to help spur a slowing economy as global risks intensify.

The Reserve Bank of India (RBI) 's Monetary Policy Committee (MPC) has started an interest rate cut cycle by slashing the repo rate by 25 basis points. This is usually followed by a similar cut in both loan interest and deposit rates.

The RBI’s repo rate significantly influences personal loan interest rates. A rise in the repo rate leads to higher loan costs for borrowers, while a cut may lower rates, making loans more affordable.

In a significant step to boost economic growth, the Reserve Bank of India (RBI) has slashed the repo rate by 25 basis points (bps), reducing it from 6.5 per cent to 6.25 per cent, in its first monetary policy review of the calendar year.

With lower home loan interest rates, homebuyers will find housing more affordable, especially in the mid and premium segments.