How RBI’s Repo Rate Cut Impacts You ? #reporate #rbi #finance #financewithruhi #shorts #financenews

🚨 BREAKING: RBI CUTS REPO RATE BY 25 BASIS POINTS – WHAT IT MEANS FOR YOU! 🚨 Big news from the RBI! The central bank has just reduced the repo rate by 25 basis points, bringing it down to 6.25%. This is the first rate cut in nearly five years—a move that could shake up the economy and directly impact YOUR finances. But what does it actually mean for YOU? 🤔 Let’s break it down in the simplest way possible 👇 1️⃣ First, what is the Repo Rate? The repo rate is the interest rate at which the RBI lends money to banks. Lower repo rates mean banks borrow at a cheaper rate, which often leads to lower home loan, car loan, and business loan interest rates for YOU. In short: Cheaper loans, lower EMIs, and more money in your pocket! 2️⃣ How does this impact your Home Loan EMI? Let’s say you have a ₹50 lakh home loan for 20 years at an interest rate of 9%. • Before the rate cut (9% interest) → EMI = ₹44,986 • After the rate cut (8.75% interest) → EMI = ₹43,391 • You save ₹1,595 per month → That’s ₹19,140 per year → ₹3,82,800 over 20 years! That’s almost ₹4 lakh saved without you doing anything. Just RBI playing Santa Claus! 🎅 3️⃣ What does this mean for the Indian economy? ✅ Cheaper loans → More people buy homes, cars, and invest in businesses. ✅ Higher spending → Economic growth gets a push as demand rises. ✅ Stock market boost → Lower rates make stocks more attractive than FDs. ✅ Potential inflation risk → If spending rises too much, prices may increase later. But here’s the other side of the coin—while borrowers celebrate, fixed deposit (FD) investors lose out as banks might reduce FD rates. So if you rely on safe investments, your returns might take a hit. So, what’s your take? Is this a game-changer or just another minor tweak? Comment below and let’s discuss! 👇 #RBIRateCut #RepoRate #FinanceSimplified #HomeLoan #StockMarket #IndianEconomy #PersonalFinance