RBI reduced repo rate for the first time in 5 years, now demand for things will increase in market

RBI MPC Meeting: The Reserve Bank of India today announced a cut of 25 basis points in the repo rate at the Monetary Policy Meeting. Regarding this, experts told Moneycontrol that RBI has reduced the repo rate for the first time in the last five years, this will make EMI cheaper. In such a situation, the demand for smartphones and electronic gadgets and other products may increase. Earlier, in the general budget of the country, which appeared on February 1, middle class people were given great relief on tax.

Because of this, these products will increase demand

Experts believe that due to low interest rate on personal loan and credit card, people can spend more on electronic things like smartphones, laptops and TVs. Faisal Kavusa, the founder and analyst of Techarca, while talking to Moneycontrol, said that financeing has a major role in the sale of electronic things. Especially for smartphones, laptops and TVs.

Big relief was received on tax in budget 2025

The Reserve Bank of India today announced a cut of 25 basis points in the repo rate at the Monetary Policy Meeting. Regarding this, experts told Moneycontrol that RBI has reduced the repo rate for the first time in the last five years, this will make EMI cheaper. In such a situation, the demand for smartphones and electronic gadgets and other products may increase. Earlier, in the general budget of the country, which appeared on February 1, middle class people were given great relief on tax. He said, “Due to the cut in repo rate, the customers can think of taking more expensive smartphones than what the customers had planned to have planned. Usually, buyers spend more than 25-30 percent more than the budget as earlier. ”

Explain that the RBI has reduced the repo rate only to promote economic activities, which gives promotion to expenses and investment.

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Middle class bat! Heavy discount on first tax, now EMI burden is reduced