	 RBI repo rate cut: Home loan rates dip, but new borrowers may miss full benefit

Home loan rates dip, but new borrowers may not get the full benefit.

Repo rate is the rate at which RBI lends to banks. Lower rates should mean cheaper loans.

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Lower EMIs or shorter loan tenures for loans linked to repo rate.

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Banks may increase spreads to maintain profits.

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To manage risks and ensure profitability.

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New borrowers may experience slower rate adjustments.

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– Lower EMIs or tenure – Balance transfer for better rates

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Repo rate is the rate at which RBI lends to banks. Lower rates should mean cheaper loans.

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Monitor RBI policies for smarter loan decisions.

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