New Delhi, June 1 -- The RBI announces its monetary policy decisions at its bi-monthly Monetary Policy Committee (MPC) meetings, and one of the most closely watched decisions is the policy repo rate. It directly influences the interest rate you pay on home, car, and personal loans, the returns you earn on fixed deposits (FDs), and even the performance of your market investments.

Currently, the RBI has kept the policy repo rate at 5.25%, and the next monetary policy meeting is scheduled between June 3 and June 5, 2026. Here's a look at out how a repo rate cut or hike actually impacts your finances and investments.

Repo rate is the rate at which the central bank (RBI) provides loans to the commercial banks. This means whenever your bank, ...