In this video, we have explained repo rate in hindi and also discussed repo linked interest rate and repo linked loans in detail.

We have discussed different topics in brief such as repo rate, reverse repo rate, importance of repo rate, repo linked interest rate, loan linked with external benchmark such as repo rate, whether to change from MCLR to Repo rate linked loan, monetary transmission, role of RBI in effective monetary transmission, benefits of repo linked loan, dis-advantage of repo linked loan and frequently asked questions regarding repo rate. We have also discussed PLR, BPLR, Base rate, MCLR and Repo linked loan.

We have started conversation with understanding repo rate and how it influence country’s economy. When repo rate increase or decrease, how it influence the loan interest rate, money supply in economy, spending power of people, inflation purchase power of rupee.

Then we have discussed process of “Monetary Transmission” and how it is important for the economy. We have discussed efforts done by RBI for “Effective Monetary Transmission”. Different rates like Prime Lending Rate (PLR), Benchmark Prime Lending Rate (BPLR), Base Rate and Marginal Cost Based Lending Rate (MCLR) have discussed.

We have discussed that why RBI has to formulate “Internal Study Group” (ISG) for the analysis of the process of monetary transmission. Findings of Internal Study Group have been discussed afterwards.

The link of findings of Internal Study Group is: https://www.rbi.org.in/Scripts/PublicationReportDetails.aspx?UrlPage=&ID=878
You will also know about the RBI’s decision to link all new floating rate retail as well as MSME loans with external benchmarks such as repo rate effective from October 1, 2019.

The list of all the external benchmarks is:
- Reserve Bank of India policy repo rate
- Government of India 3-Months Treasury Bill yield published by the Financial Benchmarks India Private Ltd (FBIL)
- Government of India 6-Months Treasury Bill yield published by the FBIL
- Any other benchmark market interest rate published by the FBIL.

Then we have discussed different frequently asked questions by you and answer it in a language that is simple and can be understand by all. Questions like what about my existing loan linked with MCLR, How to choose between MCLR and Repo Rate when it comes to existing loan, time for interest rate changes in repo linked loan and can new loan be linked with MCLR have been answered.

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In short, we have explained these topics like in hindi:

What is Repo Rate?
What is repo linked loans?
What is repo linked interest rates?
How RBI is using repo rate?
How economy is influenced by repo rate?
What is monetary transmission?
How my loan interest rates affected by repo linked interest rates? and
When repo linked interest rates change?

You can also check out these related videos:

Pradhan Mantri Awas Yojana- PMAY (Home Loan Subsidy): https://youtu.be/37K-3GlAQk8
Mudra Loan: https://youtu.be/xbigGrSIMf4
Home Loan: https://youtu.be/znQHsXRNgw0
5 important things to consider before taking loan: https://youtu.be/RrHC6ao1VC0
Personal Loan/ Business Loan: https://youtu.be/TFyzshjlCt8
Mortgage Loans and Loan Against Property: https://www.youtube.com/watch?v=msru9SEmTws

If you're looking to know more about Loan, Subsidy and Government Schemes and all other important updates regarding loan, make sure to subscribe to our YouTube channel.

#RepoLinkedLoans #RepoRate