RBI ने Repo Rate बढ़ाया, अब बढ़ेगी आपकी EMI? Home Loan, Personal Loan, Car loan पर क्या असर होगा?
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RBI ने Repo Rate बढ़ाया, अब बढ़ेगी आपकी EMI? Home Loan, Personal Loan, Car loan पर क्या असर होगा?
106 924 просмотра · 15 часов назад
The Lallantop
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106 924 просмотра · 15 часов назад
The Reserve Bank of India (RBI) has increased the repo rate by 25 basis points to 5.50%. This means borrowing money from the RBI could become more expensive for commercial banks, which may eventually affect customers.
Home loan, car loan and personal loan borrowers with repo-linked or external benchmark-linked loans could see higher interest rates and EMIs. If borrowers choose not to increase their EMI, the loan tenure could become longer, leading to higher total interest payments.
But what exactly is the repo rate, and how does an RBI rate hike affect your pocket? We explain it in simple terms.
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Production: Asif Asrar
Video Editor: Rahul Kumar