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RBI monetary policy review: What will happen to your loan EMIs after June 7? Here's what analysts expect from MPC meet
Repo rate is the rate at which the RBI lends to banks. A cut in repo rate makes lending cheaper for banks, hence translating into reduced loan rates and hence lower EMIs.
Repo rate is the rate at which the RBI lends to banks. A cut in repo rate makes lending cheaper for banks, hence translating into reduced loan rates and hence lower EMIs. 
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