The 0.25% hike in repo rate by RBI today means :
Your EMI of โน50,000 will become โน51,000.
And for corporates with debt of โน1000 Crores, its interest cost will rise by 1.5% i.e โน15 Crores. It means that much amount will be reduced from PAT.
While banks will see rise in NIM, people and corporates will have lesser money to spend / capex.
#RBI