Explained: Here's how RBI's Repo rate hike of 50 bps impacts you - The Indian Express

The Monetary Policy Committee of the Reserve Bank of India has raised the key policy rate by 50 basis points. What impact will this have? Will rates rise further?

What does this rate hike mean? The Repo rate hike, which comes after a 40 bps hike in May, will force banks and non-banking finance companies to increase repo-linked lending rates and minimum cost o… [+2538 chars]

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