Brace for 10% hike in home loan EMIs if repo rate rises back to pre-covid levels - Economic Times

Long term borrowers, especially the floating rate home loan borrowers, will have to brace for a steep hike in interest rates in the coming months.

The Reserve Bank of India (RBI) governor Shaktikanta Das has said that the central bank wants to raise interest rates further in the next few meetings and that the expectation of higher rates is a 'n… [+3865 chars]

full article...