Quote on Unchanged Repo Rate Positive for Home Loan Borrowers By Anuj Puri, ANAROCK Group
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Below is quote on Unchanged Repo Rate Positive for Home Loan Borrowers by Anuj Puri, Chairman - ANAROCK Group
With Omicron throwing a shadow of doubt across the world and in India, the RBI has decided to keep the repo rates unchanged at 4% and reverse repo rate at 3.35%. This was expected, and is the ninth consecutive time that the RBI maintained status quo amid current uncertainties.
The unchanged repo rates will help maintain status quo on the prevailing low interest rate regime for some more time. This works well for all home loan borrowers as the environment of affordability will continue.
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