Planning A New Housing Finance Check Current Repo Rate
03/08/2022 Financial & Legal Services
Price: Check with seller
Description
Repo Rate is the interest rate at which commercial banks borrow money from the central bank. When there is inflation, the RBI increases the repo rate, while in the deflation RBI lowers it. The RBI raises the repo rate to remove excess liquidity from the
As of today, the Current Repo Rate is 4.90 percent *, as announced by the RBI on June 8, 2022. The Repo Rate has such a large impact on your finances, it is critical that you understand everything about it and how it affects your home loan liability if you are planning a new Housing Finance.
Connect with Bajaj Housing Finance for more details.
"*T&C* Apply."
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Alia Mehta
Individual
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