BoB
HDFC, BoB, and Others Slash Loan Rates After RBI Move — Borrowing Just Got Cheaper
Anthony Lane
Following the RBI’s June 2025 repo rate cut to 5.50% and CRR reduction to 3.00%, banks including HDFC Bank and Bank of Baroda cut lending rates by up to 50 bps. Borrowers can save up to ₹4,000 per month on a ₹1 crore home loan. This simple, informative guide explains why rates fell, steps to calculate savings, a real family case study, and professional tips to maximize benefits.
