📢 *RBI Latest Update: What it Means for You* The Reserve Bank of India (RBI) made some big announcements on 6th June 2025. Here’s what you should know: *Loan EMIs May Reduce* RBI has cut the repo rate (the rate at which banks borrow from RBI) by 0.50%, now at 5.50%. Result? Banks may lower their interest rates — so home loans, car loans, and personal loan EMIs could get cheaper. *Focus Shifted to Growth* RBI has changed its policy stance from "accommodative" to "neutral". This means RBI will now balance between boosting economic growth and keeping inflation in control. *Lower Inflation Expected* RBI now expects inflation (rise in prices) to stay at 3.7% this year (was earlier expected at 4%). Good news for your grocery bills and household expenses. *More Money for Banks to Lend* RBI will reduce the CRR (money banks must keep with RBI) by 1%, in phases. This will free up around Rs 2.5 lakh crore — allowing banks to give more loans to people and businesses. *Steady Growth Outlook* India’s economy is expected to grow at 6.5% this year — showing confidence in the country’s growth momentum. In short: ✅ EMIs may come down ✅ More loans may be available ✅ Inflation under control ✅ Indian economy on a strong path Stay tuned with us for more such simple updates on complex topics! [email protected] | www.taxaj.com Team TAXAJ