Loans set to get dearer as RBI hikes repo rate after 44 months ...Middle East

The Reserve Bank of India has announced a 25 basis points increase in the repo rate to 5.5%. This decision reflects growing inflation pressures and stronger than anticipated economic growth. The rise in interest rates will lead to higher loan EMIs, impacting consumption during the festive season. Banks are expected to increase fixed deposit rates following this policy change.

Hence then, the article about loans set to get dearer as rbi hikes repo rate after 44 months was published today ( Thursday 08/10/2026 - 01:23 AM ) and is available on The Times of India ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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