Himani Chowdhary Instagram – For 2nd time, RBI has kept the Repo Rates unchanged.
👉🏻 Governor said that domestic performance is getting better and inflation is under control.
👉🏻 So unless inflation shoots up again, RBI will maintain this stance.
2️⃣ Things are impacted
👉🏻 Home Loans: New loans will be given at a lower rate and existing loans will see some relief (EMIs/tenor won’t increase any further)
👉🏻 Fixed Deposit rates will fall which already cut by Union Bank of India, PNB & Axis Bank 🏦
✅ Let me know your questions & thoughts in the comment section
🚀 Follow @thehimanichaudhary for daily knowledge on Personal Finance
✅ NISM Certified Research Analyst
👍🏽 Share & Save
#rbi #monetarypolicy #homeloan #fixeddeposit #loan #india #reels | Posted on 09/Jun/2023 14:19:09
