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RBI : repo rate

Q: Has RBI slashed the repo rate

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Replies (5)
1
So there might be a chance for home loan at lower rate now for the investors.
Anuradha Jain


Cut in Repo rate will bring down home loan EMIs. This is definitely going to ease the burden of home buyers and create a positive traction in demand for housing
Saras,  Noida
10th March 2015


2
Inflation rate of more than 10% and fixed deposit interest rate of 9% means the returns on your bank deposits are actually negative
Manisha Soori


3
The growth in bank deposits remained stagnant for a certain period now, as people preferred other assets such as gold to park their money.
Kashif Ahmed


4
EMIs will start falling only when banks are able to cut deposit rates which is the interest that you earn on the money parked in savings and fixed deposits with banks.
Sunil Sharma


5
RBI has progressively cut the repo rate in recent times. The current lending rate at which RBI lends to banks stands at 7.25% p.a.
Gaurav Malik


6

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