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    <title>Home, auto loans to get cheaper as RBI cuts interest rate for 2nd time in a row</title>
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    <description>The Monetary Policy Committee lowered the repo rate by twenty-five basis points and shifted the stance to accommodative, reducing external benchmark lending rates and signalling the possibility of further cuts. The cut aims to lower borrowing costs for households and businesses through transmission to EBLR-linked loans and EMIs, supported by liquidity injections to ensure effective policy transmission while remaining vigilant to two-sided inflation risks and global trade-related headwinds.</description>
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