RBI raises repo rate by 50 bps to 5.9%: Buying home set to get costlier, say experts

BrunGa

Active member
RBI raises repo rate by 50 bps to 5.9%: Buying home set to get costlier, say experts The latest repo rate hike by the RBI has come in a bid to curb inflation. With the latest hike, the repo rate or the short-term lending rate at which banks borrow from the central bank is now close to 6 per cent.
 
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