RBI monetary policy review: What will happen to your loan EMIs after June 7? Heres what analysts expect from MPC meet - Qoneqt
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    Anu T S in India

    06 Jun 11:43 AM


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    RBI monetary policy review: What will happen to your loan EMIs after June 7? Heres what analysts expect from MPC meet

    Repo rate is the rate at which the RBI lends to banks. A cut in repo rate makes lending cheaper for banks, hence translating into reduced loan rates and hence lower EMIs.