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Loan interest rates, EMIs to rise? Two back-to-back 25 bps repo rate hike from RBI soon?

Loan interest rates, EMIs to rise? Two back-to-back 25 bps repo rate hike from RBI soon?
Image: Mint (India)

The RBI is expected to hike the benchmark interest rate by 25 basis points in October and December due to rising crude prices and inflationary pressures. Changes in the repo rate will affect borrowers and depositors. Here's how.

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