Home Loan: With RBI maintaining status quo on repo rate, here’s what you can do with your home loan

With the RBI maintaining the status quo on repo rate, borrowers need to understand how their repayment plans can be affected. The interest rates are unlikely to be impacted as the RBI has kept the repo rate unchanged. So, your home loan EMI may not go up soon.  

The repo rate, or the rate at which banks borrow from the RBI, has been constant at 6.5 per cent since February.

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