Category: Business

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) is convening for its inaugural meeting of the fiscal year 2026-27. Consequently, home loan borrowers and those paying EMIs are closely monitoring interest rates. Key Takeaways Quick Read Why are home loan rates significant? What are the experts saying? What will be the effect on housing demand? Real estate industry opinion The six-member MPC will commence its meeting on Monday, April 6, with a decision anticipated on Wednesday, April 8. Typically, the RBI conducts six meetings each fiscal year, approximately every two months. These gatherings are crucial as they influence interest rates, money supply, inflation, and various economic indicators.