What is Repo Rate & How does it impact your home loan EMIs ?
Repo rate, also known as the repurchase rate, is the interest rate at which a central bank (such as the Reserve Bank of India, RBI) lends money to commercial banks for short periods.
Repo rate, also known as the repurchase rate, is the interest rate at which a central bank (such as the Reserve Bank of India, RBI) lends money to commercial banks for short periods.