RBI made a big announcement regarding repo rate, know whether the EMI of your home loan has increased or decreased:

RBI made a big announcement regarding repo rate, know whether the EMI of your home loan has increased or decreased

Business

Desk 2024-10-09 23:09:00

RBI Repo Rate EMI: The Reserve Bank of India has not made any change in the policy rates (Repo Rate). The Reserve Bank of India has maintained its policy rates at 6.50 percent.

RBI Governor Shaktikanta Das, while announcing the results of the two-day monetary policy committee meeting, said that this time too no change has been made in the policy rates. That is, the EMI of your loan will neither increase nor decrease.

Governor Shaktikanta Das said, 'The Monetary Policy Committee decided by majority to keep the repo rate unchanged at 6.5%.'

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