Chartered Man
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.

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