RBI MPC Meeting: What happens to your home, car loan rates after RBI keeps repo rate unchanged
RBI MPC Meeting: With the repo rate unchanged, most likely there will be no change in your home and car loan interest rates. for the time being. However, lenders are always free to change the interest rates depending on internal factors.
When the RBI increases the repo rate, EMIs of loans get higher and borrowers have to shell out more money from their pockets. Photo: Pixabay/Representational