The EMIs on the #loan will rise as the #ReserveBankOfIndia (@RBI) hiked the #RepoRate 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. pic.twitter.com/9RrlRmnioa— IANS (@ians_india) August 5, 2022
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