Wed Dec 24 05:50:00 UTC 2025: Here’s a news article summarizing the provided text:
LIC Housing Finance Slashes Home Loan Interest Rates After RBI Cut
Mumbai, December 22, 2025 – LIC Housing Finance Ltd. announced a significant reduction in its home loan interest rates, dropping them to 7.15% and onwards, effective today. The move comes in response to the Reserve Bank of India’s (RBI) recent 25 basis point repo rate cut, as decided by its Monetary Policy Committee (MPC).
Tribhuwan Adhikari, MD & CEO of LIC Housing Finance, stated that the company is optimistic about the impact of the rate reduction. “This year we saw RBI making a total of 125 bps repo rate cut which provided relief to the home buyers. Moving in 2026, we are positive that this move will instil confidence among first-time purchasers, and set a positive tone for demand as the market looks ahead to 2026.”
The rate cut is expected to boost the housing market as it enters the new year, encouraging first-time homebuyers to enter the market.
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