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| Name | What RBI’s Repo Rate Hike Means For Your EMIs & Fixed Deposits | More Rate Hikes On Cards? |
| Video Uploader | Video From moneycontrol |
| Upload Date | This Video Uploaded At 10-02-2023 14:26:35 |
| Video Discription | The RBI has raised repo rates, which is the rate at which the central bank lends money to commercial banks. What does this mean for you & me? Essentially, it means that the banks are likely to pass on these interest rate hikes to the consumers - so, your home & car loans could get more expensive. The plus side is, that if you have investments in fixed deposits, you gain. But the biggest question from this RBI policy announcement was - that if inflation is cooling off, why did the central bank hint at possible further rate hikes? Latha Venkatesh explains! #rbi #loans #emi Moneycontrol is India's leading financial and business portal with in-depth market coverage, analysis, expert opinions, and a gamut of financial tools. A part of Network18, moneycontrol.com is the most influential destination for stock market news and advice, business news, and news about the Indian and global economy. Subscribe: https://bit.ly/moneycontrolyoutube Follow us: Visit https://www.moneycontrol.com/ Facebook: https://www.facebook.com/moneycontrol/ Twitter: http://www.twitter.com/moneycontrolcom Instagram: https://www.instagram.com/moneycontrolcom/ |
| Category | News & Politics |
| Tags | rbi repo rate hike | rbi hikes repo rate | why rbi hiked repo rate | what is repo rate | repo rate increase effects | impact of repo rate on stock market | best way to manage emi | home loans in india | car loans in india | rbi monetary policy | rbi mpc meeting | inflation in india | why is inflation high | rbi fights inflation | inflation explained | moneycontrol | moneycontrol latest | business news | latest on moneycontrol | latha venkatesh | latha venkatesh cnbc |
