RBI Cuts Repo Rate by 25 Basis Points to 6%; Questions Arise on Banks Passing profits.

Let’s understand this in the easiest way
The Reserve Bank(RBI) of India reduced the repo rate to 6%, aiming to stimulate economic growth amid global trade uncertainties.​
Concerns persist regarding whether banks will transmit these benefits to borrowers through lower lending rates.​
Home loan borrowers anticipate potential reductions in EMIs, contingent on banks’ responses. ​