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Indian Stock Market Updates: Loans to get costlier as RBI ups rates
posted by januram (54) 1 month ago (indian-stockmarket-updates.blogspot.com)
Get ready for another round of interest rate increases from housing loans to car loans, from consumer loans to corporates borrowing for their business. Late on Tuesday, RBI raised two key policy rates â repo rate and cash reserve ratio (CRR) â by 50 basis points (100 basis points = 1%)
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