Loan EMIs To Rise As RBI Increases Repo Rate By 50 Bps ...Middle East

Mumbai:  The EMIs on the loan will rise as the Reserve Bank of India (RBI) on Friday hiked the repo rate by 50 basis points to 5.40 per cent to contain inflation. Several banks have already raised their borrowing rates and some will again increase their rates after this hike by the central bank. “For […] The post Loan EMIs To Rise As RBI Increases Repo Rate By 50 Bps appeared first on Ommcom News.

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