RBI’s 25 bps repo rate hike likely to raise floating home loan costs
Telangana Today
The brief
The RBI’s 25-basis-point repo rate hike to 5.50 per cent is expected to raise borrowing costs for floating-rate home loan borrowers. Banks may increase lending rates, lifting EMIs or extending tenures, as the central bank shifts to calibrated tightening
Reported by
Telangana Today
This is a short headline brief. The complete report belongs to its publisher.