Monday, July 21, 2025
spot_img

RBI Repo Rate: A shock to the public before the festive season, EMI will be expensive, RBI increased repo rate by 50 basis points

Inflation Rate: The Reserve Bank of India (RBI) has increased the repo rate by 50 basis points. This will also make your EMI costlier. Now the repo rate has increased from 5.40% to 5.90%, while the SDF rate has increased from 5.15% to 5.65%. 5 out of 6 MPC members were in favor of raising the rates. RBI said that inflation still remains a matter of concern for all sectors. Earlier, many of the world’s largest central banks, including the US Federal Reserve, have increased interest rates.

Repo rate increased by 1.90 percent since May
Earlier in May, the central bank suddenly increased the interest rate by 0.40 percent. According to this, the repo rate has increased by 1.90 percent since May.

Loans will become more expensive in the coming times, due
An increase in the repo rate will increase the cost of borrowing i.e. the cost of borrowing. If the banks find money expensive, then in the coming time the loan will become more expensive. Banks will pass this on to the customers. This is expected to increase the sales of homes further.

What is Repo Rate?
The Repo rate is the rate at which the RBI lends to the bank and on the basis of which the bank gives loans to the customers, whereas the reverse repo rate is the rate at which the RBI lends them to the bank on deposits. pays interest. In such a situation, when the RBI increases the repo rate, the burden on the bank increases, and the loan becomes expensive from the bank at the bank rate.

Read More: FD Return: According to the annual inflation rate, understand the FD returns of these 5 banks, and see how you will get the benefit

🔥🔥 Join Our Group For All Information And Update, Also Follow me For Latest Information🔥🔥
🔥 YouTube                  Click Here
🔥 Facebook Page                  Click Here
🔥 Instagram                  Click Here
🔥 Telegram Channel                   Click Here
🔥 Google News                  Click Here
🔥 Twitter                  Click Here
spot_img
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Latest

5 Natural Remedies for Quick Mouth Ulcer Relief

Home Remedies for Mouth Ulcers: Try these five simple home remedies if you have burning pain and ulcers in your mouth. They will provide...

MG M9 luxury electric MPV launch date revealed

MG M9 Launch: In the Indian market, MG Motors offers a wide range of automobile models. The business will now venture into the luxury...

Kanwar Yatra 2025: Types, Meaning, and Their Significance

Kanwar Yatra 2025: On July 11, 2025, Kanwar Yatra will begin concurrently with the month of Sawan. In this, Kanwariyas anoint the Shivling, fill...

Upgrade Your BSNL SIM Online from Home Easily

Customers can now upgrade to a 4G or 5G SIM card for free as BSNL expands its services in India. Consumers can upgrade their...

Kia Carens Clavis EV Sales Begin in India

In the Indian market, Kia has introduced the Kia Carens Clavis EV, its first electric MPV. There are two battery alternatives available. 42 kWh,...

Most Popular