RBI Monetary Policy: No change in repo rate for the second time in a row, what will be the effect on EMI of loan?

New Delhi. The Reserve Bank of India (RBI) has not made any change in the policy rates i.e. repo rate for the second time in a row. According to experts’ estimates, this time there has been neither an increase nor a cut in the repo rate. The policy interest will remain at 6.50 per cent. The three-day meeting of the Monetary Policy Committee (MPC) of RBI ended on Thursday. RBI Governor Shakikant Das gave information about the decisions taken in the meeting.

,

Tags: Interest Rates, RBI, RBI Governor