Unchanged Repo Rate: Here’s how RBI’s move will impact home loan borrowers’ EMI repayment strategies and FD investments
The Reserve Bank of India’s (RBI’s) decision to keep the policy repo rate unchanged offers significant relief to home loan borrowers. As RBI maintains a status quo, the equated monthly installments (EMIs) are unlikely to see a surge. Borrowers who were bracing for a hike can breathe a sigh of relief. The RBI’s Monetary Policy … Read more