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Searched Tag: fixed and floating exchange rates
 The Reserve Bank of India's Monetary Policy Committee (MPC) has chosen to maintain the repo rate at 6.50% on April 5, 2024, signaling stability in lending rates.

RBI maintains Repo Rate at 6.50%: What does it mean for homebuyers and the real estate sector ?

April 5, 2024, 11:40 AM - 2 min read

The impact may vary slightly depending on whether your home loan is on a fixed or floating interest rate. Fixed rates are not directly affected by repo rate changes during the fixed period. However, floating rates tend to adjust with changes in the repo rate.

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