Repo rate is the rate at which the RBI lends money to commercial banks in the event of any shortfall of funds.

As of April 2021, RBI’s repo rate stands at 4% 

As oIn its bi-monthly review on Wednesday, the Reserve Bank of India hiked the repo rate by another 50 basis points.

4.9% repo rate: After latest hike of 50 basis point

Reserve Bank of India today hiked the repo rate by 40 bps to 4.4% for the first time in almost two years 

Reason Behind increase in repo rate  when inflation has been rising to an 18-month high amidst a rebound in domestic economic activity. 

Reason Behind increase in repo rate  when inflation has been rising to an 18-month high amidst a rebound in domestic economic activity. 

High Repo Rate means High Interest Rate which led to high EMI of Home Loan, Car Loan, Personal Loan.

High Repo Rate means High Interest Rate which led to high EMI of Home Loan, Car Loan, Personal Loan.

The Main impact will ultimately goes on acquisition cost for homebuyers 

The Main impact will ultimately goes on acquisition cost for homebuyers 

For example, on a home loan of Rs 50 lakh for 20 years at 7%, the EMI is Rs 38,765 and the interest is Rs 43.03 lakh. If the rate increases to 7.4%, the EMI becomes Rs 39,974 and the interest Rs 45.93 lakh 

For example, on a home loan of Rs 50 lakh for 20 years at 7%, the EMI is Rs 38,765 and the interest is Rs 43.03 lakh. If the rate increases to 7.4%, the EMI becomes Rs 39,974 and the interest Rs 45.93 lakh 

For example, on a home loan of Rs 50 lakh for 20 years at 7%, the EMI is Rs 38,765 and the interest is Rs 43.03 lakh. If the rate increases to 7.4%, the EMI becomes Rs 39,974 and the interest Rs 45.93 lakh 

For example, on a home loan of Rs 50 lakh for 20 years at 7%, the EMI is Rs 38,765 and the interest is Rs 43.03 lakh. If the rate increases to 7.4%, the EMI becomes Rs 39,974 and the interest Rs 45.93 lakh 

High Repo Rate impact on Stock Market i.e an increase in interest rates means an increase in savings and a reduction in the flow of capital to the economy.

High Repo Rate impact on Stock Market i.e an increase in interest rates means an increase in savings and a reduction in the flow of capital to the economy.