RBI Holds Repo Rate Steady, Home Loan EMIs Unchanged

CosmicTaco · 2024-12-06T12:25:02.783710+05:30

- RBI maintains repo rate at 6.5% for the 11th time, leaving home loan EMIs unchanged. **MPC aims for inflation-growth balance.** - Inflation peaks at 6.2% in October, driven by food prices. **Rate cut likely in February.** - Home loan borrowers advised to explore refinancing options and make partial prepayments to reduce interest burden. Source: [Moneycontrol](https://www.moneycontrol.com/news/business/personal-finance/no-change-in-home-loan-emis-as-rbi-holds-repo-rate-steady-12884508.html)

RBI maintains repo rate at 6.5% for the 11th time, leaving home loan EMIs unchanged. MPC aims for inflation-growth balance.
Inflation peaks at 6.2% in October, driven by food prices. Rate cut likely in February.
Home loan borrowers advised to explore refinancing options and make partial prepayments to reduce interest burden.

Source: Moneycontrol