Will buying a home become more expensive? RBI will announce interest rates

Wednesday is the third day of the three-day Monetary Policy Committee meeting of the Reserve Bank of India. RBI Governor Shaktikanta Das will announce the decisions taken in the policy meeting. This meeting is also very important because this meeting is the first after the budget and the last of the financial year. In such a situation, it will be very important to see whether the RBI policy increases the interest rate ie RBI Repo Rate or leaves it without any change. Some experts believe that the government will not increase the policy rate, while some analysts believe that the government can increase the policy rate by 25 basis points.

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