How much worse will loan interest rates get for borrowers this FY? Here's what experts say

[IndiaInsurance]

https://img.etimg.com/photo/92076927.cms (https://economictimes.indiatimes.com/wealth/personal-finance-news/how-much-worse-will-loan-interest-rates-get-for-borrowers-this-fy-heres-what-experts-say/articleshow/92076927.cms)The Reserve Bank of India announced a hike of 50 basis points (0.50%) in the key policy rates i.e., repo rate, standing deposit facility and others. As per the experts, with inflation being broad-based, more hikes in the policy rates are expected in this financial year. Read on to know how much interest rates are going to get worse for borrowers.

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