RBI keeps repo rate unchanged at 5.5%: Will there be an impact on personal loans?

Repo rates and interest rates generally go hand in hand. This means when RBI slashes the repo rate, commercial banks are expected to follow suit by reducing/increasing lending rates as the case may be.

​Repo rates and interest rates generally go hand in hand. This means when RBI slashes the repo rate, commercial banks are expected to follow suit by reducing/increasing lending rates as the case may be.