Reserve Bank of India (RBI)

Reserve Bank of India (RBI)

Wion

RBI's surprise repo rate hike: Loan EMIs seen rising, Sensex tanks 1,200 points

When the central bank raises interest rates or the repo rate (the rate at which banks borrow from the RBI), customer loans become more expensive as a result of the interest rate hike.

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RBI's surprise repo rate hike: Loan EMIs seen rising, Sensex tanks 1,200 points

When the central bank raises interest rates or the repo rate (the rate at which banks borrow from the RBI), customer loans become more expensive as a result of the interest rate hike.

Read Article