RBI reduced the repo rate for the first time in 5 years, now electronic gadgets and smartphones will sell vigourously!

RBI cuts Repo Rate: The Reserve Bank of India (RBI) announced a 25 basis point cut in the repo rate in its monetary policy meeting today. In this regard, experts told that the RBI has cut 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, the country’s general budget was presented on February 1, a major tax relief was given to the middle class.

This will increase the demand for these products.

Experts believe that due to lower interest rates on personal loans and credit cards, people may spend more on electronic items like smartphones, laptops and TVs. TechArch founder and analyst Faisal Kavusa told that financing plays a big role in the sale of electronics. Especially for smartphones, laptops and TVs.

There was a big relief on tax in budget 2025

The Reserve Bank of India (RBI) announced a 25 basis point cut in the repo rate in its monetary policy meeting today. In this regard, experts told that the RBI has cut 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, the country’s general budget was presented on February 1, a major tax relief was given to the middle class. “He said, “”Due to the reduction in the repo rate, customers can think about getting a more expensive smartphone from the scheme.” Typically, buyers spend 25-30 percent more than before.

Let me tell you that the RBI has cut the repo rate to boost economic activity, which will boost spending and investment.