RBI monetary policy review: What will happen to your loan EMIs after June 7? Here's 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.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Ez319Uu