Industry leaders hail RBI's rate cut as catalyst for further boosting housing demand and homebuyer sentiment
Jun 07, 2025
New Delhi [India], June 7: The Reserve Bank of India's Monetary Policy Committee (MPC) has taken a decisive step to revive economic momentum by slashing the repo rate by 50 basis points, bringing it down to 5.5%, while also reducing the Cash Reserve Ratio (CRR) by 100 bps. These moves, combined with a revised CPI inflation outlook of 3.7% and a projected real GDP growth of 6.5% for FY26, reflect a front-loaded approach to accelerate growth and consumer confidence.
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