Home loan borrowers face higher outgo in goodbye to easy money - Economic Times

On Saturday, Housing Development Finance Corp (HDFC), India's largest mortgage financier, hiked its benchmark retail prime lending rate (RPLR) for the fifth time this fiscal ahead of the RBI's monetary policy meeting scheduled on August 5.

Home loan borrowers are bracing for more increases in their monthly outgo on their mortgages as lenders follow the Reserve 's (RBI) cue and increase interest rates at the fastest pace in at least a d… [+3383 chars]

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