RBI Keeps Repo Rate Unchanged: No Change in Interest Rates for Home Loan EMIs

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) held its first meeting of the year from February 4 to 6. RBI Governor Sanjay Malhotra announced that the repo rate will remain unchanged for now. This decision was unanimous among all MPC members, and experts had also predicted no change.

Earlier, in February 2025, the RBI had cut the repo rate by 1.25%. Since then, there hasn’t been major concern about inflation or economic slowdown, so the committee decided to maintain the current rate. This announcement comes just after the central government presented its budget, detailing fiscal and growth plans. RBI’s monetary policy in the coming months will play a key role in supporting spending, investment, and credit growth.

For home loan borrowers, this means:

EMIs won’t increase due to RBI’s decision, as repo rates influence lending rates.

If you already have a floating-rate home loan, your interest rate is likely to remain stable for now.

This could be a good time to plan your finances or consider prepayments, as the borrowing cost is steady.

Quick Recap:

February 2025: Repo rate cut by 1.25%

August & October 2025: Rates unchanged

End of 2025: Rates cut again

Now (Feb 2026): Rates held steady

So, for middle-class families with home loans, this is good news: no immediate rise in interest payments, giving some breathing room in your monthly budget.