What is RBI Repo Rate? Key monetary policy bank interest rate cut, increase explained

#RepoRate #ReverseRepoRate #RBI
Did you know that repo rate is one of the most significant rates for the common man? Everything from interest rates you pay on your loans to the returns your bank gives you on deposits is influenced by this key rate set by the RBI. In this video, we explain what is repo rate and reverse repo rate?
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[@agartamahajan5663]

Thanks for easy explaination!

[@irina-zk8iq]

Well explained! Thank you

[@vvs4034]

Please upload more and more vedio it's very helpful for us ❤️🙏🏻

[@AnkitTiwari-lu2tt]

so we should take loan wirh fixed interest when repo rate is very low

[@poojanayak4760]

Fixed rate loans are will be in demand when the repo rates are high or prefered by borrowers who are ready to outgo the same amount on their loans what evr the economic conditions be.

[@developer3522]

Get latest updates on RBI repo rate and income tax : ​ua-cam.com/video/1M9nCr11fhM/v-deo.html

[@gusirisantoshkumar3688]

Gusiri santosh Kumar

[@irina-zk8iq]

Well explained! Thank you