Steadfast Stability: Navigating Economic Waters as RBI Holds Repo Rate for the Sixth Time

Gautam Bharthry , Last updated: 07 February 2024  
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The RBIs repo rate plays a crucial role in influencing the interest rates across the economy, including those on loans. Heres how changes in the repo rate can affect your EMIs: 1. Repo Rate and Lending Rates When the RBI lowers the repo rate, banks often follow suit by reducing their lending r

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Gautam Bharthry
(Auditor & Tax)
Category Others   Report

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