RBI increased the repo rate by 35 basis points, know how much it will affect your pocket


RBI increased the repo rate by 35 basis points, know how much it will affect your pocket

RBI MPC December Meet 2022: Reserve Bank of India (RBI) has announced the decisions of its Monetary Policy Committee meeting today. The central bank has once again increased the Repo Rate Hike by 30 basis points or 0.35 percent. After which now the repo rate has increased from 5.90% to 6.25%. Reserve Bank Governor Shaktikanta Das has taken this step to control the ever increasing inflation in the country. Reserve Bank Governor Shaktikanta Das has taken this step to control the ever increasing inflation in the country. This is the fifth time in a row that the RBI has increased the repo rate this year. Increasing the Repo Rate Hike of RBI will increase the EMI of your loan in one way, while on the other hand it will become expensive for you to buy a house or a car. Repo rate is the rate at which RBI lends to banks. Therefore, if there is an increase in the repo rate, then the interest rate of the loan also increases.

RBI MPC December Meet 2022: रिजर्व बैंक ऑफ इंडिया (RBI) ने आज अपनी मौद्रिक नीति समिति (Monetary Policy) की बैठक के फैसलों का ऐलान कर दिया है . केंद्रीय बैंक ने एक बार फिर रेपो रेट (Repo Rate Hike) में 30 बेसिस प्वॉइंट या 0.35 प्रतिशत का इजाफा कर दिया है. जिसके बाद अब रेपो रेट 5.90% से बढ़कर 6.25% हो गई है. रिजर्व बैंक के गवर्नर शक्तिकांत दास (Shaktikanta Das) ने देश में लगातार बढ़ती महंगाई पर काबू पाने के लिए यह कदम उठाया है. यह लगातार पांचवीं बार है जब इस साल RBI ने रेपो रेट बढ़ाया है. RBI के रेपो रेट बढ़ाने (Repo Rate Hike) से एक तरह तो आपको लोन की ईएमआई (EMI) बढ़ेगी, वहीं, दूसरी तरह आपके लिए घर-कार खरीदना भी महंगा हो जाएगा. रेपो रेट (Repo Rate) वह दर है, जिसपर आरबीआई (RBI) बैंकों को लोन देता है . इसलिए अगर रेपो रेट में बढ़ोतरी होती है तो लोन की ब्याज दर भी बढ़ जाती है.

Key Learnings

  • Noun : increases //इन्क्रीस// [बढ़]

    Definition: make bigger or more
    Synonyms: enlarge, expand, grow
    Antonym: decrease, reduce

  • Noun : inflation //इन्फ्लेशन// [महंगाई]

    Definition: a general and progressive increase in prices
    Synonyms: boom, expansion, hike
    Antonym: abridgment, compression, decrease

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