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More EMI pain for borrowers?...

EMIs set to go up further?...

More EMI pain for borrowers? RBI’s rate hiking days may not be over yet with high oil price pressures & global turmoil

EMIs set to go up further? Global markets are closely watching the tense geopolitical situation in Europe and the Middle East. There have been fluctuations in oil prices in recent weeks, raising concerns of a potential spike. Experts suggest that this could prompt the Reserve Bank of India to take action on interest rates, an ET report states. RBI’s rate hike cycle, which started in May 2022, has seen a pause in the last few MPC meetings.Since last year, RBI has hiked the repo rate by 250 basis...

Karl Jörg - November 6, 2023

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More EMI pain...

EMIs set to go up further? Global markets are closely watching the tense geopolitical situation in Europe and the Middle East. There have...

Karl Jörg - November 6, 2023

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