The RBI’s decision to keep the repo rate unchanged at 5.25% has provided relief to home loan borrowers, but rising inflation could trigger future rate hikes and costlier EMIs. Borrowers can reduce interest burden through strategies such as home loan prepayments, paying an extra EMI annually, or refinancing at lower rates. These methods can save lakhs in interest and significantly shorten loan tenure.

The RBI's Monetary Policy Committee (MPC) began its three-day meeting on Wednesday, with most economists expecting the central bank to keep the repo rate unchanged at 5.25% when…

Reserve Bank Governor Sanjay Malhotra will announce the Monetary Policy Committee's decision on Friday. Markets widely expect the repo rate to stay at 5.25%. This anticipated…

The repo rate is the interest rate at which the RBI lends money to commercial banks for short-term needs. | Business News

RBI maintains repo rate at 5.25%, prioritizing inflation and growth amid rupee weakness and rising global energy costs.

The Reserve Bank of India has maintained the repo rate at 5.25%. This decision comes as policymakers assess the effects of higher energy prices and supply chain issues. The…