How RBI Decision Will Impact Your EMI Payments | Paisa Live

The Reserve Bank of India's Monetary Policy Committee is set to meet from August 6 to 8, 2024. During this session, the committee is expected to make several significant decisions regarding the country's monetary policy. RBI Governor Shaktikanta Das will reveal the results of the meeting on August 8. The primary focus of the meeting will be on the Repo Rate, which has been held steady at 6.5% for nearly 18 months. Analysts predict that the Repo Rate might remain unchanged this time as well. This decision will be closely watched by various stakeholders, as it influences borrowing costs and economic activity. For more in-depth information on the outcomes and implications, be sure to watch the full video.