RBI rate cut: Good news for loans, bad news for FDs | Personal finance | EMIs | Loans

The RBI recently surprised the markets with a 50-basis-point cut in the repo rate, bringing it down to 5.5%. The Central Bank also trimmed the Cash Reserve Ratio by 1%, which will free up ₹2.5 trillion in liquidity for the banks to lend more easily. In this episode, we break down the ripple effects of the RBI's latest move on borrowers and savers. Watch to find out!