SBI Research signals low chance of RBI repo rate cut
pre-market1 source ↓written by the desknot a recommendation
SBI Research indicates that the likelihood of a repo rate cut by the Reserve Bank of India during the upcoming Monetary Policy Committee meeting is very low. With global central banks pausing rate changes, home loan borrowers should prepare for unchanged EMIs in the near term, as banks have limited scope to lower lending rates.
This stability may affect market sentiment, as borrowers on external benchmark-linked loans will see no changes unless the repo rate is adjusted.
Not investment advice. For informational purposes only.