RBI cuts repo rate by 25 bps, raises hopes of further cuts; changes stances to "neutral"

The reduced repo rate has raised hopes of lower EMIs for home loan borrowers as well bring down capital raising costs for corporates.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/rbi-cuts-repo-rate-by-25-bps-raises-hopesfurther-cuts-changes-stances-to-"neutral"_12078161.html