Interest rates on home, auto loans & #loans to small businesses may soon go up, as early as in the next few months, as banks may pass on the impact of the #RepoRateHike to end borrowers, bankers & analysts said.
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https://www.moneycontrol.com/news/business/rbi-hikes-repo-rate-by-40-bps-emis-set-to-get-expensive-fd-rates-to-edge-higher-say-bankers-8452591.html?utm_source=telegram&utm_medium=social
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Moneycontrol
RBI hikes repo rate by 40 bps | EMIs set to get expensive, FD rates to edge higher, say bankers
Borrowers will have to brace for paying higher EMIs on their loans and that could impact their purchasing power.
The higher-than-expected retail #inflation print for April has sent tongues wagging, with experts seeing the June 6-8 meeting of the RBI’s #MPC as "super live" for another #reporatehike.
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https://www.moneycontrol.com/news/business/economy/experts-say-mpcs-june-6-8-meet-super-live-for-rate-hike-after-april-inflation-shocker-8497721.html?utm_source=telegram&utm_medium=social
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#ICYMI: The higher-than-expected retail #inflation print for April has sent tongues wagging, with experts seeing the June 6-8 meeting of the RBI’s #MPC as "super live" for another #reporatehike.
Know what else experts say 🤔
https://moneycontrol.com/news/business/economy/experts-say-mpcs-june-6-8-meet-super-live-for-rate-hike-after-april-inflation-shocker-8497721.html?utm_source=telegram&utm_medium=social
Know what else experts say 🤔
https://moneycontrol.com/news/business/economy/experts-say-mpcs-june-6-8-meet-super-live-for-rate-hike-after-april-inflation-shocker-8497721.html?utm_source=telegram&utm_medium=social