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Repo rate and its impact on banks lending rates to home loan customers

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What is a repo rate and what are the impacts of repo rate on home loan seekers who are looking to buy property in India?

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Repo rate and its impact on banks lending rates to home loan customers

  1. 1. Repo rate and its impact on bank’s lending rates Aggregated and Prepared by: www.nirrtigo.com Green Realtech Projects Pvt. Ltd Real Estate Projects India | User Ratings & Reviews | Common Cause | Discussions | Research Page Repo rate and its impact on bank’s lending rates to home loan customers Repo rate is a rate of interest decided by the country’s central bank. In case of India, Reserve Bank of India (RBI) decides on the repo rate keeping in mind inflation levels and growth opportunities in the country’s economy. Repo rate is a rate at which RBI lends money to commercial banks. Repo rate is used by RBI to control inflation. If repo rate increase, cost of borrowing for commercial banks from RBI increases and subsequently the increase in repo rate is passed on by commercial banks to home loan seekers and other borrowers. Latest short term repo rate changes by Reserve Bank of India
  2. 2. Repo rate and its impact on bank’s lending rates Aggregated and Prepared by: www.nirrtigo.com Green Realtech Projects Pvt. Ltd Real Estate Projects India | User Ratings & Reviews | Common Cause | Discussions | Research Page History of repo rate changes by Reserve Bank of India
  3. 3. Repo rate and its impact on bank’s lending rates Aggregated and Prepared by: www.nirrtigo.com Green Realtech Projects Pvt. Ltd Real Estate Projects India | User Ratings & Reviews | Common Cause | Discussions | Research Page Impact on Banks’ lending rates to home loan seekers:
  4. 4. Repo rate and its impact on bank’s lending rates Aggregated and Prepared by: www.nirrtigo.com Green Realtech Projects Pvt. Ltd Real Estate Projects India | User Ratings & Reviews | Common Cause | Discussions | Research Page About NirrtiGo NirrtiGo is owned and founded by Green Realtech Projects Pvt. Ltd. NirrtiGo is an online real estate platform to find, discuss, review, rate, and track real estate & property in India.

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