RBI Holds Repo Rates: No EMI Relief and FD Returns Stay Same
What Happened
RBI kept the repo rate unchanged at 5.25%, maintaining stability in deposit and lending rates amid global uncertainties. FD rates are likely to remain stable, while borrowers may have to wait longer for cheaper loans as the RBI remains cautious about inflation.
Key Takeaways
With no major increase in FD rates, investors may need to diversify beyond bank deposits to boost returns.