
Chartered Man
February 7, 2025 at 11:26 AM
*🏦 Key Impacts of RBI's Monetary Policy*
- Repo Rate: Reduced by 25 basis points to 6.25%
✅ *Relief for Home Loan Borrowers:*
A lower repo rate may lead to reduced home loan EMIs or a shorter loan tenure for those maintaining the same EMI amount.
❌ *Lower Returns for Fixed Deposit Investors:*
With a rate cut, banks may reduce FD interest rates, affecting those relying on fixed deposits for stable returns.