Times of IndiaLean R·
After 3.5 years, RBI hikes repo rate: How does it impact your EMIs & loan interest payout? Explained
Why does a hike in repo rate hit your pocket? Does the repo rate hike mean an automatic increase in your loan EMIs? Is it better for you to opt for an EMI hike or an extension of your loan tenor? And how does this step from RBI help people looking to invest in fixed deposits? We decode:
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