The repo rate is one of the most important terms in banking and finance, often making headlines every time the Reserve Bank of India (RBI) announces its monetary policy. The repo rate is the RBI’s ...
Stable rates help borrowers plan their finances better, especially first-time homebuyers and those servicing long-tenure loans. For existing borrowers on floating rates, EMIs are likely to remain at ...
After slashing the repo rate in the past three monetary policy committee (MPC) meets, the Reserve Bank of India (RBI) kept the repo rate unchanged at 5.5 percent on Wednesday. As we know, repo rate ...
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